total jobs On TransportationCrossing

101,324

new jobs this week On EmploymentCrossing

926

total jobs on EmploymentCrossing network available to our members

798,683

job type count

On TransportationCrossing

Employment News

New Requests for Unemployment Benefits Drop By victor  |  Dated: 08-26-2010
labor departmentFirst-time claims for unemployment benefits fell more than expected last week, but remain well-above normal levels.

According to the Labor Department, 473,000 new requests for unemployment benefits were made, a drop of 31,000 from the previous week. According to most economists, in a healthy economy first-time claims should be under 400,000.

First-time unemployment claims had risen each of the previous three weeks. That helped lead the four-week average, which is considered a less-volatile matrix, to rise to 486,750, which the Associated Press reports is the most since November 2009.

Career Connect  (From our other career blogs):

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