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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 06, 1992
Page
5
Ron Campbell Investment Planning and Robert Thomas Securities provide closing prices quotations for June 5, 1992. Includes NASD SIPC member status and contact details.
The Labor Department shows unemployment rising to 7.5 percent in May from 7.2 percent, the highest in almost eight years, while nonfarm payrolls rise by 68,000. Traders react to weak figures, pushing rates lower and easing expectations, with the Dow Jones average finishing down 1.04 at 3,398.69 after a mid-session dip. weekly gain 1.81.
Washington AP reports the unemployment rate jumped to 7.5 percent in May, the highest in nearly eight years, as a flood of college grads and young job seekers hit the labor market. Despite a 68,000 new jobs gain, 330,000 new entrants were counted, raising jobless totals to 9.5 million.
BLUEFIELD A new restaurant celebrated its grand opening with a ribbon cutting Friday. T J Hoggs Barbecue and Lounge at 3206 East Cumberland Road kicked off with a luncheon for area business and community leaders. Co owners Todd and Yvonne Johnson, chef Kathy Hudson Trakey, and Trokey share ownership. Todd Johnson said Trokey returned from Florida to join in the venture. The restaurant focuses on barbecue, prime rib and Italian cuisine.
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