Glad to see Obama's Trillion $ Recovery Plan is working
[url]http://news.yahoo.com/s/ap/20090820/ap_on_bi_go_ec_fi/us_economy_2[/url]
New jobless claims rise unexpectedly to 576K
WASHINGTON – The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly for the second straight week, an indication that jobs remain scarce.
The Labor Department says the number of first-time jobless claims rose to a seasonally adjusted 576,000 last week, from a revised figure of 561,000. Wall Street economists expected a drop to 550,000, according to a survey by Thomson Reuters.
The number of people remaining on the benefit rolls dropped by 2,000 to 6.24 million. Analysts had expected a slight decline.
The four-week average of initial claims, which smooths out fluctuations, also rose for the second straight week to 570,000.
Re: Glad to see Obama's Trillion $ Recovery Plan is working
That's why the Libs want to make sure we all have Socialized HealthCare,because those of us who can't Grow,Hunt,and Catch our own food are going to starve to death.
