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U.S. weekly unemployment claims decline

Job applicants meet potential employers at a job fair in New York in September. (AFP)

US weekly jobless claims continued to decline, falling a modest 9,000 to 363,000 last week, the Labor Department said Thursday. New claims for unemployment insurance benefits in the week to October 27 — an indicator of the pace of layoffs — came in below the four-week moving trend of 367,250.…

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Poverty to keep rising due to slow recovery: study

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(Reuters) – Nearly 10 million more Americans have been driven into poverty since the 2007-2009 recession began, and the number is expected to increase due to the slow pace of the recovery, according to a study released Wednesday by Indiana University. The study found the number of Americans living in…

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