« Glo-bull Warming Alert: 'Residents in Alaska city could get $9-a-gallon gas' | Main | Domestic Terrorist Bill Ayers Admits Holding Fundraiser For Obama (Obama lied in 2008) »
December 1, 2011
Report: Jobless claims back above 400,000 level
Topics: Political News and commentariesThe Labor Department reports that initial claims for unemployment compensation climbed by 6,000 to a seasonally adjusted 402,000 - the highest level in a month.
According to MarketWatch, that's higher than expected:
Initial claims for unemployment compensation climbed by 6,000 to a seasonally adjusted 402,000, the Labor Department said Thursday. It was the highest level in a month.The unemployment rate now stands at 9.0%, with the next monthly jobs report coming out Friday. The MarketWatch survey forecasts an increase of 125,000 in November, up from an initially reported 80,000 gain in October, and should recent trends hold, the October employment numbers could be revised sharply higher.Applications from two weeks ago were revised up to 396,000 from an original reading of 393,000. Economists surveyed by MarketWatch had expected new requests for jobless benefits to total 393,000 in the week ended Nov. 26, which included the Thanksgiving holiday.
Posted by Hyscience at December 1, 2011 10:08 AM
Articles Related to Political News and commentaries:
- Report: Jobless claims back above 400,000 level - Dec 01, 2011
