| Home
Jobless claims signal inflation fall
Calcutta News.Net
Thursday 4th September, 2008
With US companies responding to the slowing economy by pushing out more product with fewer workers, the US government has revealed jobless claims rose last week.
The job decline has signaled a fall in inflation worries for the Federal Reserve.
The combination of higher productivity with lower costs should help contain inflation and give the Fed some breathing room on interest rates.
The Labor Department reported that new applications for unemployment insurance rose to a seasonally adjusted 444,000, up 15,000 from the previous week.
 Email this story to a friend
Have your say on this story
|
 |
 |
- Missing Kashmiri youth found unconscious
Srinagar, July 4 (IANS) A 17-year-old boy was found in an unconscious state near his village in south Kashmir late Saturday, almost a week after he was arrested by the army. [read story]
- Orissa legislator, accused in communal violence, gets bail
Bhubaneswar, July 4 (IANS) Manoj Pradhan, a Bharatiya Janata Party (BJP) legislator who is an accused in last year's communal violence in Orissa and has been in jail since October, got 15-day bail Saturday to take oath as member of the assembly. [read story]
- Only a Dalit will be my successor: Mayawati
Lucknow, July 4 (IANS) Bahujan Samaj Party (BSP) national general secretary Satish Misra may continue to remain her confidant, but Uttar Pradesh Chief Minister Mayawati has no intentions of letting him don the mantle of her successor as she Saturday said only a Dalit will succeed her. [read story]
- New swine flu case takes India's tally to 129
New Delhi, July 4 (IANS) A Thai national was found suffering from swine flu, taking the total number of influenza A (H1N1) cases in India to 129, said an official statement Saturday. [read story]
- Jeddah-Mumbai flight tyres burst on landing, passengers safe
Mumbai, July 4 (IANS) Passengers aboard a Saudia airliner on a Jeddah-Mumbai flight had a scare when its tyres burst during landing at Mumbai airport Saturday evening, an official said. [read story]
|
|
 |
 |
|
|
