There were some positive signs on the jobs front this week as new unemployment claims fell for the fourth straight week signaling a labor market recovery, Reuters reported this morning.
New jobless claims dropped 29,000 to a seasonally adjusted 343,000, declining to the lowest level since early October, according to the Labor Department. Read the full article from Reuters.
In other headlines:
New foreclosures lowest in six years in November: RealtyTrac – Chicago Tribune
Illinois foreclosures rise for 11th month – Chicago Tribune
Foreclosures hit nine-month high, but starts drop – Christian Science Monitor