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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Jobless Claims Drop 2,000

Unemployment benefit recipients at lowest level in three years

| BY Donald Liebenson

Jobless claims dipped to 402,000, a decrease of 2,000 from the previous week’s revised figure of 404,000 in the week ending Oct. 22, the Labor Department announced. The four-week moving average, a less volatile number that flattens out week-to-week fluctuations in the data, was 405,500, an increase of 1,750 from the previous week’s revised average of 403,750.  The number of Americans filing for continuing unemployment claims during the week ending Oct. 15 was 3,645,000, a decrease of 96,000 from the preceding week’s revised level of 3,741,000, and the lowest level since September 2008, Bloomberg reports. The four-week moving average was 3,701,000, a decrease of 26,750 from the preceding week’s revised average of 3,727,750. States reported 2,921,937 persons claiming emergency unemployment benefits in the week ended Oct. 8 (the most recent data available), a decrease of 45,117 from the prior week. The total number of people claiming benefits in all programs ending Oct. 8 was 6,681,507, a decrease of 14,634 from the previous week. The largest increases in initial claims for the week ending Oct. 15 were in Nebraska, Oregon, South Carolina, and Wisconsin. The largest decreases were in California, Georgia, New York, Pennsylvania, and Texas.



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.