BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[New unemployment claims fall, but continuing claims reach a new high]]>http://www.bloggingstocks.com/2009/07/09/new-unemployment-claims-fall-but-continuing-claims-reach-a-new/http://www.bloggingstocks.com/2009/07/09/new-unemployment-claims-fall-but-continuing-claims-reach-a-new/http://www.bloggingstocks.com/2009/07/09/new-unemployment-claims-fall-but-continuing-claims-reach-a-new/#commentsFiled under: , ,

There is more conflicting data on the unemployment front. The good news is that new jobless claims fell by 52,000 to 565,000 in the past week. The four-week average fell to 608,000, down 10,000.

Now the bad news. The number of Americans claiming unemployment benefits rose to 6.88 million, a new high.

These numbers are confusing to say the least, leaving open speculation on both sides that the recession has ended. Economist John Ryding at RDQ Economics says that the recession may have ended in the second quarter.

Continue reading New unemployment claims fall, but continuing claims reach a new high

New unemployment claims fall, but continuing claims reach a new high originally appeared on BloggingStocks on Thu, 09 Jul 2009 12:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>hiringinthenewsjobless claimsJohn RydingJoshua ShapirorecessionunemploymentThu, 09 Jul 2009 12:20:00 EST