New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
The Labor Department said first-time claims dropped by 14,000 to a seasonally adjusted 442,000. That's below analysts'
estimate of 450,000, according to Thomson Reuters.
But most of the drop resulted from a change in the calculations the department makes to seasonally adjust the data, a Labor
Department analyst said. The department updates its methods every year. Excluding the effect of those adjustments, claims
would have fallen by only 4,000.
The four-week average of claims, which smooths volatility, dropped by 11,000 to 453,750, the lowest since September 2008,
when the financial crisis intensified.
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Jobless claims drop more than expected
Associated Press
March 25, 2010
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
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Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
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I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
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I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
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I have been receiving unemployment for approx 4 mos after losing a job where I had been employed for almost 7 years.
Then, in the national news this morning, the newscasters are talking about the banking bail out. Executives have received over 1.5 billion in bonuses!! Why is the government not making them pay it back?? Our system is broken. This has been an eye opening and very upsetting experience for me.
Animal spirits and confidence must be restored at all costs even if the means are fraudulant and illegal.