Check Out Line: Jobs still hard to come by

December 10, 2009

Check out the rise in the number of U.S. workers filing new claims for jobless benefits.

Joblesspic - final

Hurt by layoffs in seasonal industries, the initial claims for state unemployment insurance rose 17,000 to a seasonally adjusted 474,000 in the week ended Dec. 5 from 457,000 in the prior week, the Labor Department said.

Analysts polled by Reuters had forecast claims climbing but only to 460,000.

The data that came in after five straight weeks of declining claims suggest that many casualties of the worst financial crisis since the Great Depression are still having a difficult time finding jobs.

Also in the basket:

Overseas sales prop Costco results

Dollar General swings to profit

Apple plots reboots of iTunes for Web – WSJ

 (Reuters Photo)

Comments are closed.