Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Jobless claims highest in 26 years

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

CNN Money
Thursday, February 5, 2009

NEW YORK (CNNMoney.com) — The number of Americans filing for first-time unemployment benefits surged last week to a level not seen since October 1982, according to a government report released Thursday.

The number of initial jobless claims jumped to a much-higher-than-expected 626,000 in the week ended Jan, 31, according to the Labor Department. That’s up from a revised 591,000 in the previous week and the highest level since the last week of October 1982, when jobless claims reached 637,000.

(ARTICLE CONTINUES BELOW)

Jobless claims highest in 26 years 335x205 graph128c aj

Economists polled by Briefing.com were expecting the number to come in at 580,000 for the most recent week.

The four-week moving average for weekly claims totaled 582,250, up from the previous week’s revised figure of 543,250.

Full story here.

This article was posted: Thursday, February 5, 2009 at 2:01 pm





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
The Truth About the Michael Brown Shooting See the rest on the Alex Jones YouTube channel.

Cop: Get a Gun, We Can't Protect You From Ferguson Violence See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.