From NEWSMAX / AP:
Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy….
Purchases jumped 6.8 percent to a seasonally adjusted annual rate of 5.35 million last month, the highest level since December. The median sales price was $170,700, nearly unchanged from a year earlier….
In a separate report Thursday, initial claims for unemployment benefits fell by 24,000 to a seasonally adjusted 456,000, the Labor Department said. That nearly matched analysts’ estimates, according to Thomson Reuters…
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the unemployment rate today is a bit higher because of the recession but hopefully the economy would recover soon.~`-