Thursday, April 29, 2010
Stocks climb on earnings, drop in jobless claims
More signals showing a strong economic recovery. Confidence in investments continues to soar as companies return to normal activity and their stock prices reflect the growing consumer confidence in these companies. Coupled with a drop in unemployment benefit claims, these are positive signs of a recovering economy and hopefully the unemployment level will soon drop as well.
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These are great signs towards a recovery but unemployment is still not making a recovery. Firms need to begin hiring again not only to help unemployment but to try and obtain growth within their companies.
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