Incomes and spending both slow in April (AP)

Courtesy Ytop stories  Fri, 05/30/2008 - 7:58am

Job seekers wait on line and fill out job applications while attending the Monster.com and National Career Fairs job fair in New York, Wednesday May 28 , 2008.<br /><br />The Labor Department on Thursday said new applications filed for unemployment insurance rose by 4,000 to 372,000 last week.<br /><br />The increase left claims slightly higher than the 370,000 level that economists were expecting. (AP Photo/Bebeto Matthews)AP - Consumer spending barely budged in April and growth in personal income slowed sharply, even though the government started sending out billions of dollars in economic stimulus payments.




 

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