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The bush recovery
The number of Americans filing first-time applications for state unemployment benefits rose 13,000 to 366,000 last week.
Johnson & Johnson to close NJ plant, move manufacturing work to Brazil (from the Newark Star-Ledger).
Millions of U.S. jobs will be exported in the coming decade, forecasters say (from MSN Money).
Motorola, the world's second-largest maker of mobile telephones, will eliminate 2,400 jobs by the first quarter, on top of the 6,600 it has cut through the first nine months of this year (Bloomberg).
The Hunt Corp of Philadelphia to close certain plants by July, will move to Asia, most likely China (Charlotte Observer).
Applications for US home loans dropped last week to their lowest level in almost a year and a half (Yahoo.com).
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