ap government

First-time jobless claims expected to drop (AP)

Ytop stories  Thu, 08/27/2009 - 4:51am

AP - Government data this week showed that consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years.

On Thursday, the Labor Department's report on weekly jobless claims will indicate whether that improved confidence about the economy is boosting the job market.