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Did you hear? Jobless claims fell this week.

U.S. Initial Jobless Claims Fell to 545,000 Last Week (Update1)

The number of Americans filing first-time claims for jobless benefits fell unexpectedly last week, a sign the labor market is deteriorating at a slower pace as the economy pulls out of the recession.
Applications dropped by 12,000 to 545,000 in the week ended Sept. 12, from a revised 557,000 the week before, Labor Department data showed today in Washington. The total number of people collecting unemployment insurance rose the prior week, to 6.23 million.

The job market may be starting to stabilize as government and private reports reinforce forecasts that economic growth will resume this quarter.
http://www.bloomberg.com/apps/news?pid=20601068&sid=azM

 
SRiveroC

Asked by SRiveroC at 10:07 AM on Sep. 17, 2009 in Politics & Current Events

Level 4 (51 Credits)
This question is closed.
Answers (46)
  • Baby steps in the right direction.
    Grandmarga

    Answer by Grandmarga at 10:46 AM on Sep. 17, 2009

  • That is great news!
    JoyandLove

    Answer by JoyandLove at 10:08 AM on Sep. 17, 2009

  • GREAT! AALLLL must be better....oh wait they have been RISING one week and FALLING the next for months! Tell you what, when it falls for a few months straight...get back to me.
    momof030404

    Answer by momof030404 at 10:10 AM on Sep. 17, 2009

  • Cool, only half a million more people lost their jobs instead of half a million people like they originally thought!
    Anonymous

    Answer by Anonymous at 10:15 AM on Sep. 17, 2009

  • How many of those 12,000 people lost their jobs but were dropped from the estimate because their application for u/e benefits was denied?
    NotPanicking

    Answer by NotPanicking at 10:16 AM on Sep. 17, 2009

  • Only because August was a benchmark for the one year time limit on benefits. Those people are no longer able to file or collect, your numbers are misleading, oh I see you got them from where, WASHINGTON. BS I say, people have stopped looking for non-existant work and their benies are now up.
    Smoke's being blown up your butt lady
    **.the labor market is deteriorating at a slower pace
    **Did you read and comprehend any of this phrase? It's still deteriorating.....dohhhhh!!!!!!
    Anonymous

    Answer by Anonymous at 10:19 AM on Sep. 17, 2009

  • The recession is over according to Bernanke and your claim wants us to believe things are all better, with only 20% of the Stimulus being spent.
    Quick, call your BF Obozo and tell him to return the REST!!!!!!!!!!!!!!!!!!!!!!
    Anonymous

    Answer by Anonymous at 10:22 AM on Sep. 17, 2009

  • **.the labor market is deteriorating at a slower pace


    If you are falling from a plane, it isn't the fall that kills you, it's the landing. LOL


    We are still losing jobs,  the fall continues. 

    Anonymous

    Answer by Anonymous at 10:32 AM on Sep. 17, 2009

  • I just have a one question. What good is a recovery if it is jobless? The people of our country cannot afford a jobless recovery. Where are all of the jobs BO promised?
    yourspecialkid

    Answer by yourspecialkid at 10:37 AM on Sep. 17, 2009

  • NotPanicking: How many of those 12,000 people lost their jobs but were dropped from the estimate because their application for u/e benefits was denied?


    Did't read the article huh? The number refers to new applications.

    SRiveroC

    Answer by SRiveroC at 10:39 AM on Sep. 17, 2009

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