WASHINGTON (AP) — The number of out-of-work Americans continuing to draw unemployment benefits has surged to a 25-year high, while shoppers turned extra frugal, further proof of the damage from sinking economy, credit problems and financial stresses.
The Labor Department reported Thursday that the number of people continuing to draw unemployment benefits jumped by 122,000 to 3.84 million in late October. It was the highest level since late February 1983, when the country was struggling to recover from a long and painful recession.
New filings for jobless benefits last week dipped to 481,000, a still-elevated level that suggests companies are in a cost-cutting mode.
Democrats in Congress are pushing to include an extension of unemployment benefits in a new stimulus package, which could be taken up this month. Benefits typically last 26 weeks.
Congress approved a 13-week extension of benefits in June, and the department said about 773,000 additional people claimed benefits through that program for the week ending Oct. 18, the most recent
Related posts:
- Free Forex Signals : GBPUSD Free Forex Signals GBPUSD SHORT Position at 1.5660 STOP LOSS...
- Free Forex Signals : GBPUSD FREE FOREX SIGNALS SHORT GBPUSD SHORT POSITION at: 1.5440...
- GBPUSD:Non Farm Payrolls Interest Rate Cut BOE cut its Interest Rate by 0.5%...
- Non Farm Payrolls [caption id="attachment_163" align="aligncenter" width="300" caption="Fxpro Forex Trading Broker"][/caption] Non Farm...
- Non Farm Payrolls For the week ending 9th. January, the focus will be...
Related posts brought to you by Yet Another Related Posts Plugin.
This is happening to my family as well. My husband was laid off last week. It is a horrible situation.
I sympathize with you.
i love this site
Thank You. Come back more often.
Nice Blog.
Top Great hollywood movies!!
Nice to visit you.
Good Blog.
https://www.cs.tcd.ie/~ennisca/moodle/user/view.php?id=698&course=1 - really good for watch
VIDEOS included - Forex trading
“Something Fantastic” happens every day at the same time, to the same stock index.
This is Guaranteed! Forex trading online
Forget Indicators and stock trading guides!
There is “something” which happens every day at the same time with the same Stock Index…! Automated Forex Trading.
All you need is to know the secret and exact trading algorithm. The secret can be used for some other major stocks too!
This Secret Will Completely Change Your Life!
Karl Dittmann (Germany) - 30 years of trading experience . If you learn the one hidden secret which is repeated daily for years, you will make an incredible profit!
One single stock index trade within 15 minutes of the market pening is all you need!
Something fantastic happens every day at the same time, if you learn the one hidden secret which is repeated daily for years, you will make an incredible profit!
Forex can make you rich!