Enlarge
It's hard to keep hunting. The Bureau of Labor Statistics.
It's hard to keep hunting. The Bureau of Labor Statistics.
New jobless claims went up last week by 32,000 over the week before, to 637,000. Apparently we can chalk that up to layoffs in the auto industry, especially at Chrysler. When the recession started, new weekly claims were in the neighborhood of 340,000.
Today, if you're buying groceries with unemployment benefits, you've got company — more than 6.5 million souls' worth.
Meanwhile, from the Department of Obvious but So True, the Bureau of Labor Statistics reports that more people are giving up the search for new work, at least for a while.
Comments
Discussions for this story are now closed. Please see the Community FAQ for more information.