Thursday, February 11, 2010
Jobless Claims Drop Unexpectedly
KENTUCKY...
The number of newly laid-off workers seeking unemployment benefits fell sharply last week, a hopeful sign the job market may be improving. The Labor Department said that first-time claims for unemployment insurance dropped by 43,000. They had expected a decline of 15,000. The number of people claiming benefits for more than a week fell by nearly 80,000 to 4.5 million. That was a steeper decline than expected.
The number of newly laid-off workers seeking unemployment benefits fell sharply last week, a hopeful sign the job market may be improving. The Labor Department said that first-time claims for unemployment insurance dropped by 43,000. They had expected a decline of 15,000. The number of people claiming benefits for more than a week fell by nearly 80,000 to 4.5 million. That was a steeper decline than expected.