US jobless claim rises again. The Labor department reported an increased by 8,000 to a seasonally adjusted 365,000 in the week ended July 28, 2012. Also, factory orders unexpectedly fell in June, the latest sign that the slowing economy is sapping demand. July’s payroll report is released tomorrow.
Department of Labor Plans to Cut Thousands of Military Jobs Click Here
Defense cuts would be step toward ‘hollow’ force. Click Here