Economy News for Thurs 5 Jul 2012

[Cheryl Nelson]

AP Survey:  High US Unemployment To Persist Well Into Next Presidential Term

http://www.washingtonpost.com/business/economy/ap-survey-high-us-unemployment-to-persist-well-into-next-presidential-term/2012/07/04/gJQAc9xVNW_story.html

Fewer Americans Than Forecast File For Unemployment Claims

http://www.bloomberg.com/news/2012-07-05/fewer-americans-than-forecast-filed-jobless-claims-last-week.html

US Service Industries Grew Less Than Forecast In June

http://www.bloomberg.com/news/2012-07-05/ism-services-index-in-u-s-fell-to-52-1-in-june-from-53-7.html

Wall Street Ralley Ends, Caution Before Jobs Report

http://finance.yahoo.com/news/wall-street-set-sluggish-start-083647164.html;_ylt=AjK2Q6B3daSbvaSqXxntr42iuYdG;_ylu=X3oDMTQzbmt0bTFoBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNmZjNkYzg0NC1jY2VkLTM5N2QtYjZhYy05M2QxMWEwMmIzNDQEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDNzZmOTVhZTAtYzZlMS0xMWUxLWJlZjctOTcxN2VkM2E4ZmYx;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Hopeful Signs Emerge For Struggling Jobs Market

http://finance.yahoo.com/news/u-jobless-claims-post-biggest-123314226.html;_ylt=Al8JHbgsy0FilUr8_d2fGs6iuYdG;_ylu=X3oDMTNydDNiZnJnBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDNWVjZTQxZDktZjA3NS0zN2ZmLThhNzgtMjczMDVhYTgzMmU1BHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyAzI4NzNiMmIwLWM2Y2EtMTFlMS1hMzczLTAyZjNmZWNiODBjNg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Are Global Central Banks In Panic Mode?

http://finance.yahoo.com/blogs/breakout/global-central-banks-panic-mode-154505754.html;_ylt=Ai31t7aJYoGY1BY3y7ng8fKiuYdG;_ylu=X3oDMTNzNDRtNjZhBG1pdANGUCBCcmVha291dARwa2cDYWVjZTUzMmQtYWQ0MS0zMWMyLWExNjYtMmRmYjhjNzNjZmVlBHBvcwMxBHNlYwNNZWRpYVNlY3Rpb25MaXN0BHZlcgM3NWI2NjU1MC1jNmJhLTExZTEtYWVkZi03ZmExZTQwMTNhMTM-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Oil Prices Lower After Disappointing Economic Data

http://finance.yahoo.com/news/oil-prices-lower-disappointing-economic-192714552.html;_ylt=AtXihO3ohJ47nzw8q7YStqaiuYdG;_ylu=X3oDMTN0dWk4czRtBG1pdANOZXdzIFRvcGljIDIEcGtnAzBiODRlMzhlLWYwNDMtMzQ1MS05MTk0LWM1NTVkMzk3NzU4NwRwb3MDNARzZWMDTWVkaWFTZWN0aW9uTGlzdAR2ZXIDNjNmYTY4NjAtYzZkZS0xMWUxLWI3ZmYtMzk3M2MyMjVlNWVk;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3