...Another 372,000 Americans join the jobless lines

H

Harry Hope

Guest
The number of people on benefit rolls climbed to 2.98 million, the
most since June 2004.

Total benefit rolls increased from 2.96 million the prior week.


From Bloomberg, 4/17/08:
http://www.bloomberg.com/apps/news?pid=20601068&sid=aDub3VeuJgVA&refer=home

U.S. Initial Jobless Claims Rise 17,000 to 372,000

By Shobhana Chandra

April 17 (Bloomberg) --

More Americans filed first-time jobless claims last week, bringing the
total number receiving benefits to the highest level in almost four
years, a sign the labor market continues to weaken.

Initial applications for unemployment insurance increased by 17,000 to
372,000 in the week that ended April 12, the Labor Department said
today in Washington.

Housing-related businesses are paring workers while others are
reluctant to hire as evidence builds that the U.S. is in a recession.

Consumer spending, which accounts for two-thirds of the economy, may
keep slowing as rising joblessness hurts Americans already burdened by
lower home prices and higher fuel costs.

_________________________________________________

Harry
 
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:9lie049bit5djgklkvdinjb2qpllaj6oo5@4ax.com...
> The number of people on benefit rolls climbed to 2.98 million, the
> most since June 2004.
> Total benefit rolls increased from 2.96 million the prior week.
> From Bloomberg, 4/17/08:
> http://www.bloomberg.com/apps/news?pid=20601068&sid=aDub3VeuJgVA&refer=home
> U.S. Initial Jobless Claims Rise 17,000 to 372,000


What are the Democrats in Congress doing about this?
 
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