Ray Boshara

  • Foreclosures Dropping; Household Wealth Not Recovered; Unemployment Rises

    There were about 52,000 completed residential foreclosures in the U.S. in April 2013, down from about 62,000 in April 2012, for a year-over-year decrease of 16 percent. Average household wealth is only about halfway back to pre-recession levels. And for the week ending May 25, initial unemployment claims increased by 10,000 from the previous week.

    National 31 May 2013 15:03

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