WASHINGTON (AP) — Every step forward in this economic recovery seems to be followed by a step back.Thursday’s good news was that new unemployment claims fell for a fifth straight week, boosting expectations that fewer jobs were lost in November. That raises the possibility that the nation’s unemployment rate to be announced Friday will hold steady at 10.2 percent — still a 26-year high, but the first time since July it hasn’t gone up.
Economy poised for steady but slow recovery
December 3, 2009