Guest Harry Hope Posted November 15, 2007 Share Posted November 15, 2007 Economists are watching claims closely because a sharp increase is one of the leading indicators of a slowdown. http://www.marketwatch.com/news/story/us-jobless-claims-rise-sharply/story.aspx?guid=%7B8CC46D81-B030-4119-8616-FACFE133CA9D%7D Nov 15, 2007 Jobless claims jump sharply in latest week Initial claims rise by 20,000 to highest since mid-October By Greg Robb, MarketWatch WASHINGTON (MarketWatch) -- First-time jobless claims jumped in the latest week, a possible sign of weakening in the U.S. labor market, according to government data reported Thursday. The number of workers filing for state unemployment benefits rose by 20,000 to a seasonally adjusted 339,000 for the week ended Nov. 10, the Labor Department said. This marked the highest level of claims in a month. _______________________________________________________ Harry Quote Link to comment Share on other sites More sharing options...
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