hosted.ap.org - 12/4/2008
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WASHINGTON (AP) -- New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday. The Labor Department reported that initial claims for unemployment insurance ...
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New Jobless Claims Dip
The Page by Mark Halperin —
First-time claims for unemployment benefits last week fall to a lower-than-expected 509,000, from 530,000 the previous week.
But the total number receiving unemployment benefits hits the highest level in 26 years.
Progressive Breakfast: Blizzard of Bad Econ News
LiberalOasis : The Blog —
... "...the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday" including AT&T; and DuPont. ...
Another Grim Retail Report
The Page by Mark Halperin —
Commerce Department: Retail sales plunge 2.7% in December, more than twice what analysts expected.
Record sixth straight month of retail declines.
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