Mortgage rates are down, and unemployment numbers are up. Anyone see something wrong with that economic plan yet?
Sphere: Related ContentThe number of U.S. workers drawing unemployment aid jumped to a record high in early February, according to data on Thursday that highlighted the deterioration in the labor market as a 13-month recession deepened.
A separate report showed that a rebound in energy costs drove up prices received by U.S. producers last month, breaking a five straight month declining trend.
The number of people remaining on the benefits rolls after drawing an initial week of aid surged 170,000 to 4.99 million in the week ended Feb 7, the Labor Department said.
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