Good News on the State of the Jobless

Updated
jobs
jobs

At last, a sign that US unemployment might finally have peaked and be on its way back down: There was a large dip last week in the number of people losing jobs and claiming unemployment benefits for the first time. In fact, 43,000 fewer people filed for new benefits last week than the week before, according to recently released Department of Labor numbers. Economic analysts expected that number to drop only by about 15,000.

Advertisement