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April 20, 2006

Jobless Claims Down Sharply

All you babies are gonna be wearin' gold-plated diapers.

The number of new people signing up for jobless benefits last week fell sharply, a fresh sign that employers are feeling better about the business climate.
The Labor Department reported Thursday that new applications filed for unemployment insurance dropped by 10,000 to 303,000, the best showing since the beginning of April. The level of new jobless-benefit filings suggest that the labor market is maintaining decent momentum.

Last week's decline was steeper than analysts were expecting. Before the report was released, they were forecasting claims to fall to 308,000.

MSNBC's Keith "Who?" Olbermann plans to note the drop in those seeking employment with a segment titled, The Labor Crunch: Corporations and Business Owners, the "Silent Victims" of Bush's Job-Seeker-less Economy.

And then he intends to imitate Letterman's mannerisms some more.

posted by Ace at 12:09 PM

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The number of new people signing up for jobless benefits last week fell sharply, a fresh sign that employers are feeling better about the business climate. The Labor Department reported Thursday that new applications filed for unemployment insurance dropped by 10,000 to 303,000, the best showing since the beginning of April. The level of new jobless-benefit filings suggest that the labor market is maintaining decent momentum. Last week's decline was steeper than analysts were expecting. Before the report was released, they were forecasting claims to fall to 308,000. MSNBC's Keith "Who?" Olbermann plans to note the drop in those seeking employment with a segment titled, *The Labor Crunch: Corporations and Business Owners, the "Silent Victims" of Bush's Job-Seeker-less Economy.* And then he intends to imitate Letterman's mannerisms some more. posted by Ace at 12:09 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Seems Legit: "How odd, I thought everyone understood that electr ..." rickb223 Gold & Silver Spot Prices [s][/b][/i][/u]: "You’d think they would’ve come up with ..." 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