Friday, October 8, 2010

Jobless claims fall to lowest level in 3 months

the unemployed benefits unexpectedly dropped last week. it touched the lowest level in nearly three months. it points towards some stability in the troubled labor market. initial claims for state unemployment benefits dropped  11,000. Non-farm payrolls were likely unchanged last month as more temporary census jobs ended. private hiring has picked up some.

i like that the unemployment rates have gone down some. i am glad that some private hiring has picked up. i like the sound of stability in the troubled labor market. i feel good that hopefully the unemployment rates will go down some more so the troubled labor market gets more stable


http://www.msnbc.msn.com/id/39552743/ns/business-eye_on_the_economy/

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