Another 339,000 Americans join the jobless lines as claims jump sharply

[Guest Harry Hope]

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.

 

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Harry