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Thu Jan 17, 2013, 08:32 AM

Jobless Claims Drop to Five-Year Low (Fall to 335,000 in Latest Week from 372,000)

Source: Reuters

@Reuters: FLASH: U.S. jobless claims fall to 335,000 in latest week from 372,000 in prior week

Jobless claims drop to five-year low

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, a hopeful sign for the sluggish labor market.

Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008, the Labor Department said on Thursday. It was the largest weekly drop since February 2010.

The prior week's claims figure was revised to show 1,000 more applications than previously reported.

While last week's decline ended four straight weeks of increases, it is probably not the start of a new trend or a sign of a material shift in labor market conditions as claims tend to be very volatile around this time of the year.

Read more: http://www.reuters.com/article/idUSBRE90E0KL20130117

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Reply Jobless Claims Drop to Five-Year Low (Fall to 335,000 in Latest Week from 372,000) (Original post)
Hissyspit Jan 2013 OP
OKNancy Jan 2013 #1
OKNancy Jan 2013 #2
DCBob Jan 2013 #3
JoePhilly Jan 2013 #4
madrchsod Jan 2013 #5

Response to Hissyspit (Original post)

Thu Jan 17, 2013, 08:51 AM

1. you forgot the link...

also please post more when it is available. These news flashes aren't very informative.

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Response to Hissyspit (Original post)

Thu Jan 17, 2013, 08:53 AM

2. here we go... more information

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Response to Hissyspit (Original post)

Thu Jan 17, 2013, 08:57 AM

3. Its Obama's fault!

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Response to DCBob (Reply #3)

Thu Jan 17, 2013, 08:58 AM

4. ACORN cooked the numbers!!!!!

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Response to Hissyspit (Original post)

Thu Jan 17, 2013, 09:33 AM

5. what? this has to be a lie!

things around here have been steadily improving for the last few years

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