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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 09, 2000
Page
5
The Labor Department reports the jobless rate rose to 4.0 percent in November as payroll growth slowed to 94,000. Government job cuts and slower expansion weigh on the economy while Wall Street advances on moderating growth. Earnings rise 0.4 percent to 13.94 dollars per hour.
Wall Street rallied after a government jobs report suggested room for a rate cut next year. The Dow, Nasdaq, and S P 500 climbed in early trading before trimming gains, as political uncertainty from the presidential election cooled sentiment. Labor data showed November job growth remained weak, nudging unemployment to 4.0 percent for the first rise since August.
The Greater Bluefield Chamber of Commerce will host Business After Hours December 21 from 5 30 to 7 30 p m at First Century Bank Bluefield The event costs 5 plus a business card Reservations encouraged by calling 327 7184 or faxing 325 3085 Charles E Green III has joined AXA Advisors LLC of Bluefield Va as a financial planner He will offer financial planning services and can be reached at 322 1950 Reed Nelson of Citizens Communications West Virginia will speak at the Point of View breakfast December 14 at 7 30 a m at the Holiday Inn The cost is 8 Reservations by calling 327 7184 Bring employees friends and guests.
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