March 5, 2009

Jobless Claims Exceed 600,000 Again

Filed under: FYI,unemployment,US — DF @ 5:47 pm

According to Department of Labor, Bloomberg: “More than 600,000 Americans filed claims for jobless benefits for a fifth straight week, the worst performance since 1982, pointing to a deteriorating job market that may deepen the spending slump.

The Labor Department today reported 639,000 first-time unemployment applications, the fifth straight week above 600,000. The agency also said worker productivity, a measure of employee output per hour, fell at a 0.4 percent annual rate in the fourth quarter of 2008.”

1 Comment »

  1. Haven’t I seen this post last week? ;)

    Comment by myphotoscout — March 5, 2009 @ 11:16 pm | Reply

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