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Jobless Claims Drop UNEXPECTEDLY to 514,000
Fox News ^ | 10/15/09 | Unknown

Posted on 10/15/2009 6:13:56 AM PDT by Blood of Tyrants

WASHINGTON -- The number of newly laid-off workers filing claims for unemployment insurance has fallen to the lowest level since early January, a sign the labor market is slowly improving.

The Labor Department said Thursday that first-time claims for jobless benefits dropped to a seasonally-adjusted 514,000 from an upwardly revised 524,000 the previous week. The fifth decline in six weeks was below Wall Street economists' forecasts of 525,000, according to Thomson Reuters.

The four-week average, which smooths fluctuations, fell for the sixth straight time to 531,500.

Economists closely watch initial claims, which are considered a measure of layoffs and the willingness of companies to add jobs.

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: bhoeconomy; economy; fools; incompetence; joblessclaims; obama; unemployment; unexpected
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To: Thermalseeker

I’m very very happy for you darling, but once again in this post you have shown the pre-pubescent center of the universe world view that if *I* ok, then others not being ok is all their fault. Honey.


161 posted on 10/16/2009 7:47:44 AM PDT by autumnraine (You can't fix stupid, but you can vote it out!)
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To: autumnraine
I’m very very happy for you darling, but once again in this post you have shown the pre-pubescent center of the universe world view that if *I* ok, then others not being ok is all their fault. Honey.

You seem to have an amazing ability to take a handful of words, gain all sorts of knowledge about the person who wrote them and then transform those words into whatever you want them to mean. You must really have some kind of shine on that crystal ball of yours. Truly an amazing "talent" you have there....

162 posted on 10/20/2009 5:50:54 AM PDT by Thermalseeker (Stop the insanity - Flush Congress!)
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