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Jobless claims jump to 16-year high.
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 claims have been above that level for 17 ...
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 - ...
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
Jobless Claims Hit 16-Year High, Above Forecast  - Economy * US * News * Story
Jobless Claims Hit 16-Year High, Above Forecast - Economy * US * News * Story
cnbc.com — 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 ... (more) Jobless Claims Hit 16-Year High, Above Forecast - ...
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As Jobless Claims Hit 16-Year High, Congress Mulls Extending Unemployment Benefits
Wonk Room — The Labor Department reported today that new claims for unemployment jumped to a 16-year high last week, with 542,000 new claims for jobless benefits filed. Unemployment is currently at a 14-year high of 6.5 percent. The Senate will vote this week — “and very likely today,” according to Bob Geiger — on “legislation already passed by the House that would extend unemployment insurance for those whose benefits have run out.” In an about-face, the White House announced today that it would support the ...

Measuring the Bush Recession
Crooks and Liars — ... Jobless Claims. Of course, the corollary to skyrocketing unemployment is an explosion of new jobless claims. The Labor Department today released figures showing new unemployment claims jumped to 542,000 last week, a 16-year high. First-time jobless claims have now remained above the 400,000 for 17 straight weeks. ...

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