[Iron Munro]

First-time claims for state unemployment benefits fell by the largest amount since July.

That's because we are running out of people to lay off.
.

[TNCMAXQ]

I was down at the Florida space coast this weekend for the shuttle launch. Unemployment is going to go way up down there once the shuttle program ends. I suspect countless hotels, restaurants and other businesses will let go of people or close when the tourism slows way down. Very sad.

[ETL]

That's because we are running out of people to lay off.

Exactly! Of course this rate will slow as time goes on. It isn't a straight line relationship.

[ichabod1]

Layoffs aren’t the only way to shed jobs. Business failures work quite as well.