Jobless claims fall unexpectedly as layoffs ease.
The Labor Department said Thursday that new claims for unemployment insurance fell by 22,000 to a seasonally adjusted 432,000, the lowest since July 2008. That's much better than the rise to 460,000 that Wall Street economists expected.
December 31, 2009 -- Happy New Year!
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2 comments:
Also, no thanks to the party of illiterate spenders!
"That's much better than the rise to 460,000 that Wall Street economists expected"
-CJP
I suppose these are the same economists that said sub prime lending was perfectly fine!
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