Thursday, May 24, 2012

Economy trudges along despite Europe turbulence

File photo of a man looking at employment opportunities at a jobs center in San FranciscoWASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe. Though Thursday's economic reports were a bit lackluster, they offered no signs of deterioration in the world's largest economy as growth in countries like China slows and the euro zone edges towards a recession. ...


Source: http://news.yahoo.com/jobless-claims-little-changed-last-week-130611783--business.html

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