Wall Street Reacts to Unemployment Report; Pink Slips a Common Conversation Starter
It’s common for casual conversation to turn to the economy, and it’s even more common for talk of who got laid off and how long ago. It’s a tiresome conversation reflecting a stressful economic environment that has spurred a wealth of “How NOT to get Laid Off,” articles and networking groups. And even though jobless claims fell more than was expected last week, there are economists that warn it’s going to get worse before it gets better. According to the Labor Department, continuing jobless claims hit a new high for the eighth consecutive week. While first-time requests for unemployment benefits…