Initial, continuing jobless claims fall
- NECN
New jobless claims drop to 550,000
New jobless claims drop unexpectedly to 530K
New jobless claims fall to 545,000
514,000 new jobless claims, 5th drop in 6 weeks
New jobless claims lowest since January
Kentucky’s Unemployment Rate Climbs Again in September Led by 3,000 Job losses in Manufacturing Sector
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Initial, continuing jobless claims fall
WASHINGTON (AP) - The tally of newly laid-off workers filing for unemployment insurance dropped last week, the government said Thursday, a sign job cuts are easing. The Labor Department said initial jobless benefit claims fell by 16,000 to a seasonally adjusted 614,000. That nearly matches analysts' estimates, according to Thomson Reuters. Jobless claims are slowly declining from a peak reached in early April. The four-week average of claims, which smooths out fluctuations, dropped to 615,250, the lowest in almost four months. read more
NECN | July 2, 2009
