Small Business News You Can Use (3/23)

Waiting for the job market to recover? Focus on small business growth, says a new report. The number of initial unemployment claims dipped for the second week in a row, the Department of Labor announced on Thursday. There were 348,000 jobless claims filed for the week ending on March 17, a drop of 5,000 from the previous week. Mortgage rates for 30-year U.S. loans rose above 4 percent for the first time in almost five months, increasing borrowing costs as fewer homeowners sought to refinance. Consumer Credit Is Now Growing At The Highest Rate In A Decade – Is It Unheathy And Unsustainable?

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