Bob Willis
Bloomberg
April 23, 2009

The number of Americans filing first-time applications for unemployment insurance rose last week to 640,000 as forecast, while total benefit rolls reached a record, indicating the labor market continues to deteriorate.

[efoods]

Initial jobless claims increased by 27,000 in the week that ended April 18, from a revised 613,000 the prior week, the Labor Department said today in Washington. The number of people staying on jobless-benefit rolls rose by 93,000 to 6.14 million, the 12th straight week the figure has set a record.

Job losses may continue all year even as the longest recession in the postwar era shows signs of reaching a trough. The release indicates employment cuts may come close to topping 650,000 for a record fifth straight month in April because today’s report covers the week of the monthly payroll survey.

Read entire article

Be sure to get your improved boost of zinc and pregnenolone today with The Real Red Pill Plus now at 50% off!


Related Articles


Comments