.

National Unemployment Claims Drop to New Lows

The number of people filing new claims for unemployment benefits dropped to the lowest levels in years.

 

The U.S. economy continues sending out mixed signals about how the nation is faring. The latest bit of positive news is that the number of people filing new unemployment claims dropped to 339,000, the lowest level in four and a half years and 30,000 fewer than the previous report from the U.S. Department of Labor.

Reuters reports that the numbers are far better than expected. Economists polled by the news organization expected the number of claims to rise to 370,000.

A clearer picture of the economy in Connecticut will form when the state Department of Labor releases the September unemployment figures. The numbers are typically towards the end of the month.

August's unemployment rate of 9 percent was the highest in Connecticut since April 2011.

Steven DeVaux October 12, 2012 at 04:48 PM
Of course they are! People are running out of unemployment benefits and once they do, they are not considered as looking for emplloyment even though they don't have a job. Look at the number of umemployed that do not have a full time job or have a part time one and you'll see the real downsizing of the middle class of America by Obama and Biden.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »