LayoffBlog.com

March 12, 2009

U.S. Initial Jobless Claims Rose to 654,000 Last Week

Filed under: FYI,unemployment,US — DF @ 10:08 am
Tags: ,

According to Bloomberg: “First-time claims for U.S. unemployment benefits rose last week, holding above 600,000 for a sixth straight time, as companies kept cutting payrolls to reduce costs amid a worsening recession.

Initial jobless applications increased by 9,000 to 654,000 in the week that ended March 7, more than anticipated, from a revised 645,000 the prior week, the Labor Department said today in Washington. “

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