The number of new unemployment claims filed nationwide was down to only 570,000 last week, but consumer confidence is at a four-month low. Maybe that’s because newsworthy layoffs continue, including Whirlpool announcing that they will cut 1,100 full-time positions in the U.S., located in Evansville, Indiana.
The manufacturing work done in Indiana will move to Mexico and another location yet to be named.
Whirlpool to Cut About 1,100 Jobs [ABC News]
New jobless claims and total benefit rolls drop [AP]
INSTANT VIEW: Consumer confidence hits four-month low [Reuters]
(Photo: MShades)
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