Thursday, June 23, 2011

Layoffs, housing data point to chronic problems

By DEREK KRAVITZ, MARTIN CRUTSINGER
The Associated Press

2011-06-23 T23:29:35

WASHINGTON — Sour reports Thursday on the number of people who sought unemployment benefits and buyers of new homes illustrate what Federal Reserve Chairman Ben Bernanke acknowledged Wednesday: Many factors weighing on the economy are proving to be more chronic than first imagined.

Full story:
http://www.msnbc.msn.com/id/43514294

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