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Jobless Claims In America Rise Again

January 21. 2010

 

Economic Recovery Advisory Board Chair, Paul Volcker (left) and U.S. President Barack Obama (right)

The jobless numbers in America have spiked again to 482,000. Something is clearly wrong, as the economy refuses to stabilize.  The jobless claims keep rising, because the government is not handling the economy correctly. 

New US jobless claims sees biggest jump in months

WASHINGTON - New claims for jobless insurance benefits in the United States posted their biggest jump in about two months, government data showed Thursday, underscoring unemployment concerns even amid economic recovery.

The seasonally adjusted initial claims in the week ending January 16 rose for the third consecutive week to 482,000, an increase of 36,000 from the previous week's revised figure of 446,000, the Labor Department said...

The number for seasonally adjusted insured unemployment during the week ending January 9 was 4.599 million, a decrease of 18,000 from the preceding week's revised level of 4.617 million...

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