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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Dec 21, 2012
Page
10
The week of December 15 shows seasonally adjusted unemployment applications up 17 000 to 361 000 from a revised 344 000 the prior week. The four week average falls, suggesting fewer layoffs though hiring remains weak. The rate dips to a four year low as many unemployed stop seeking work amid political battles over tax hikes.
U S home sales climbed 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November, the National Association of Realtors said. October was 4.76 million, marking the best year for sales in five years and the highest level since 2009 excluding a federal tax credit spike.
The U S Mint reports testing 29 alloys at Philadelphia facilities to cut production costs while preserving coin quality. Trials assess color wear resistance and magnetic signatures, with results delaying a change as no alloy met all criteria. Further tests planned amid talk of converting dollar bills to coins to save billions.
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