Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S
Lending / The Ticker

Jobless claims rise on shutdown worries, computer glitches

paper messy desk

More Americans filed for unemployment insurance last week as California worked through a backlog caused by a switch in computer systems and the partial government shutdown forced some government contractors to cut back on staffing levels. Per Bloomberg:

Jobless claims surged by 66,000, the most since the aftermath of Superstorm Sandy in November, to 374,000 in the week ended Oct. 5, figures from the Labor Department showed today in Washington. The median forecast of 47 economists surveyed by Bloomberg called for a rise to 311,000.

The issues in California accounted for about half the jump in applications last week and the dismissal of non-federal employees after Congress failed to compromise on a budget accounted for about another 15,000, a Labor Department spokesman said as the data was released to the press. The effects of the gridlock in Washington may keep claims elevated as employers grow concerned about the economic outlook.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus