corrente

That's "We" as in "weak"... And "W" as in aWol...

Well, at least the pace of layoffs has slowed. Though it could be a random blip.

Jeaannine Aversa of AP writes:

After rising for three straight weeks, new claims for unemployment benefits dropped last week to the lowest level in nearly a month, raising hopes that the pace of layoffs may be starting to slow down again.

The more stable four-week moving average of claims, which smooths out week to week fluctuations, however, rose last week to 410,750, an increase of 2,000 from the previous week, and the highest level since the middle of July.

Although other parts of the economy are improving, the labor market is expected to be the last to heal. Economists believe companies will want to wait until profits get stronger and they have more confidence in the rebound's vigor before they go a hiring spree.

I keep hearing about this future "hiring spree" in these stories. Emphasis on future . Do businesses really go on "sprees"? I mean, except for things like CEO compensation?