Wednesday, January 12, 2011

First-time unemployment

Each week, the U.S. Department of Labor issues its weekly report of first-time unemployment insurance claims for U.S. workers. Most economists agree that when first-time unemployment-insurance claims fall below 350,000 it is a positive sign that the economy is going well and hiring workers. If above 400,000 the economy is loosing jobs and is in potential danger of falling into recession.
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