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Weekly Jobless Claims Post Surprise Jump, Hit 500,000

Posted By admin On August 19, 2010 @ 10:18 am In Money Watch | Comments Disabled

Reuters [1]
Aug 19, 2010

New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery.

Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said on Thursday.

Analysts polled by Reuters had forecast claims slipping to 476,000 from the previously reported 484,000 the prior week, which was revised up to 488,000 in Thursday’s report.

A Labor Department official said there was nothing unusual in the state level data. The data covered the survey week for the government’s closely watched employment report for August, scheduled for release early next month.

Full article here [1]

Having A Supply Of Healthy Foods That Last Just Makes Sense [2]

Weekly Jobless Claims Post Surprise Jump, Hit 500,000  150410banner7 [3]

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URLs in this post:

[1] Reuters: http://www.cnbc.com/id/38768328

[2] Having A Supply Of Healthy Foods That Last Just Makes Sense: http://www.efoodsdirect.com//index.html?aid=14&adid=43

[3] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[4] New US weekly jobless claims jump: http://www.prisonplanet.com/new-us-weekly-jobless-claims-jump.html

[5] US jobless claims in surprise jump for second week: http://www.prisonplanet.com/us-jobless-claims-in-surprise-jump-for-second-week.html

[6] US new jobless claims up,continued claims a record: http://www.prisonplanet.com/us-new-jobless-claims-upcontinued-claims-a-record.html

[7] Weekly Claims See Fall, But Jobs Picture Remains Weak: http://www.prisonplanet.com/weekly-claims-see-fall-but-jobs-picture-remains-weak.html

[8] Jobless claims jump to 5-month high: http://www.prisonplanet.com/jobless-claims-jump-to-5-month-high.html

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