05-14-2009, 02:44 PM
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#1 (permalink)
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Join Date: Jun 2001
Location: South Plains of Texas
Posts: 13,046
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Jobless Claims Continue To Rise
"By CHRISTOPHER S. RUGABER, AP Economics Writer Christopher S. Rugaber, Ap Economics Writer
WASHINGTON – New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.
The Labor Department said Thursday the number of new claims rose to a seasonally adjusted 637,000, from a revised 605,000 the previous week. That's above analysts' expectations of 610,000."
The great muslim messiah and economic genius nobama's pie in the sky economic plan is solving the democrap caused economic recession!
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