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New jobless claims rise in sign of weak job market. When will this end?

WASHINGTON – Initial claims for unemployment benefits rose for the second time in three weeks last week. The potential rise in layoffs comes as Congress remains stuck at an impasse over extending federal jobless aid.

The Labor Department said Thursday that new claims for jobless benefits jumped by 13,000 to a seasonally adjusted 472,000. The four-week average, which smooths fluctuations, rose by 3,250 to 466,500, its highest level since March.

Claims have remained stuck above 450,000 since the beginning of the year.



Asked by mancosmomma at 10:14 AM on Jul. 1, 2010 in Politics & Current Events

Level 19 (7,315 Credits)
This question is closed.
Answers (15)
  • 2 1/2 years.

    Answer by QuinnMae at 10:21 AM on Jul. 1, 2010

  • i for one would certainly appreciate it if all the manufacturing jobs in china, data entry jobs in mexico, and customer service jobs in india could come back to the US. that would be a great start...

    Answer by figaro8895 at 10:20 AM on Jul. 1, 2010

  • Outsourcing to other countries needs to stop, employers need to stop requiring ridiculous qualifications for the simplest jobs, people should try just taking a job for now to get some bills paid and food on the table, or look in other cities or states. We did that last one and it has not been easy but we're not on unemployment.

    Answer by wildflowers25 at 10:28 AM on Jul. 1, 2010

  • ........and unions need to stop demanding that people be paid 40 dollars an hour for something an 8th grader could be trained to do and pay 2 people 20 dollars an hour each!

    Answer by mustbeGRACE at 12:40 PM on Jul. 1, 2010

  • I think it is shameful how many people deny jobs offered to them so they can find the right job and enjoy collecting unemployment and riding it out. Unemployment is for those who can't even find a right now job and who truly need it. I hear a lot of people online and in real life talking about not taking job offers since they still have X number of months on unemployment and it isn't quite as much as their last job. Other people are really looking for jobs and are not playing the system and I think it's sad.

    Answer by jamesonjustines at 11:31 AM on Jul. 1, 2010

  • When they stop slapping a bandaid on cancer.

    Answer by lovinangels at 11:49 AM on Jul. 1, 2010

  • A big solar panel company opened up a few miles from us and so far it's created 1300 jobs and when the buildings are complete, another 1500-2000 jobs. That's where this country needs to start thinking, get away from our co-dependence on oil.
    They tried this in Spain. These products are still too expensive for the average consumer, so the plants are government subsidized. They won't last long, because the people can't afford the product, the company can't afford to pay the workers, and the government is broke. We need to look at what has failed as well as what has worked. What worked here in the US was keeping our jobs here, the manufacturing, the customer service, the data entry, the assembly. That is what made us a great nation. Doing for ourselves. We are hurting ourselves by outsourcing all these jobs.

    Answer by 29again at 2:08 PM on Jul. 1, 2010

  • I think that employers should stop looking at qualifications that people have, and instead hire and train them.

    There would first have to be employers that can afford to hire people. Even those who can don't want to with cap and trade looming, because if it passes they'll have to turn around and fire more to offset all the new expenses. It's not going to end until they quit playacting at "job creation" and make real changes that allow employers to expand and hire people. Instead they're doing the exact opposite and hoping what they do will fix it. As the CBO said, it is UNSUSTAINABLE. You can't keep creating more jobs paid with taxes and call it fixed when there are fewer and fewer taxes coming in to pay those salaries.

    Answer by NotPanicking at 2:28 PM on Jul. 1, 2010

  • Won't end till we get a new president in office that knows what the hell he is doing.


    Answer by Natesmom507 at 3:38 PM on Jul. 1, 2010

  • mancosmomma

    Comment by mancosmomma (original poster) at 10:15 AM on Jul. 1, 2010