New Jobless Claims Drop for First Time in 4 Weeks

September 5, 2010 by admin  
Filed under Career News and Advice

Christopher S. Rugaber, AP Economics Writer

WASHINGTON (AP) — New requests for unemployment benefits fell sharply last week, the first decline in a month and a hopeful sign after a raft of negative economic reports.

New claims for jobless aid dropped by 31,000 to a seasonally adjusted 473,000, the Labor Department said Thursday. Still, claims remain much higher than they would be in a healthy economy. Employers are reluctant to hire as economic growth appears to be slowing…

Read the original article at Mainstreet

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