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Jobless Claims Hit 16-Year High, Above Forecast - Economy * US * News * Story
cnbc.com - 11/20/2008
Jobless Claims Hit 16-Year High, Above Forecast - Economy * US * News * Story
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The number of U.S. workers filing new claims for jobless benefits surged last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring. Initial claims for state unemployment insurance benefits were a ...
chicagobreakingnews.com - 11/20/2008
Jobless claims hit 16-year high
— chicagobreakingnews.com — The government said new applications for jobless benefits rose to a seasonally adjusted 542,000 from a downwardly revised figure of 515,000 in the previous week. That's much higher than Wall Street economists' expectations of 505,000, according to a ... (more) Jobless claims hit 16-year high
Comments vote down Think Progress found this 11/20/2008found this
thinkprogress.org - 11/20/2008
Jobless claims jump to 16-year high.
— thinkprogress.org — New claims for unemployment jumped unexpectedly to a 16-year high last week , the Labor Department reported, with 542,000 new claims for jobless benefits being filed. “Claims above 400,000 are generally considered a sign of recession , and ... (more) Jobless claims jump to 16-year high.
Comments vote down Wonk Room found this 11/20/2008found this
news.yahoo.com - 11/20/2008
Jobless claims jump unexpectedly to 16-year high - Yahoo! News
— news.yahoo.com — WASHINGTON New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year. The government said new ... (more) Jobless claims jump unexpectedly to 16-year high - ...
Comments vote down Political Animal found this 11/20/2008found this

Blog Reactions

Eschaton:  Thursday Is New Jobless Day

Suburban Guerrilla:  16-Year High

Comments
Blog Reactions

Thursday Is New Jobless Day
Eschaton — Thursday Is New Jobless Day Holy crap. The number of U.S. workers filing new claims for jobless benefits surged last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring. Initial claims for state unemployment insurance benefits were a seasonally adjusted 542,000 in the week ended Nov. 15 from a revised 515,000 the previous week. That was higher than analysts' forecast for a reading of 505,000 new claims.

16-Year High
Suburban Guerrilla — Jobless claims. So no, it’s not just you.

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