New layoffs decline; joblessness still high
WASHINGTON (AP) — Even though new claims for jobless benefits fell more than expected last week, dipping below 600,000 for the first time since early January, the number of Americans seeking this safety net points to an economy that is still very weak.
Layoffs are slowing, but jobs are scarce, leaving nearly 7 million Americans collecting unemployment checks and retailers looking for customers.
The number of newly laid-off workers requesting unemployment insurance fell by 52,000 to a seasonally-adjusted 565,000, the Labor Department said Thursday. But the drop was mostly due to a shift in the timing of auto-related layoffs, leading many economists to discount the decline.
Recent comments
One good thing about all this unemployment-
If it continues Obama...
what comes around | July 9, 2009 at 10:04 p.m.
Unemploymenmt cv calculation has notheing to do with those receiving...
20% is Wrong | July 9, 2009 at 9:43 p.m.
When the government says we are at 9.5% unemployment, they do not...
I'm Betting 20% | July 9, 2009 at 9:30 p.m.
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406 - Hall mouths off about hate of Utah
225 - Thunder rolls by Jazz
136 - Cave to be sealed with body inside
115 - Man trapped in Nutty Putty cave dies
115 - Editorial: Poor welcome for Palin
113 - Rivalry Week is highly profane
89 - Hall's legacy measured today
75 - Y. focused on 10-win season
73 - Letters: C02 causes warming
70
If you're shopping online for gifts, take care. While there are some...
The reason Winn overthrew and missed so many receivers is because he was...
Sad that this is how Hall's career will be remembered. Cougar fans can only...
Frankly, I’m repulsed by his comments and the negative attention that...
Thank you Max Hall for saying what we all could not! You spoke the truth. I...
Perhaps we can do more than just express our condolences, by contributing...
I hope that someone sits down with him and helps him understand his emotions...
What a stain Hall's mouth put on a much-needed victory. But reprimand him?...
Gotta love these excuses by Ute fans. All this talk about "wynn overthrowing...
No article I have read in the last five years sums up the entire workings of...
Thank you Max Hall for saying publicly what we all have thought and felt for...

