| October 22, 2009 New jobless claims rise to 531,000
|
WASHINGTON (AP) - The number of newly laid-off workers filing
claims for jobless benefits rose more than expected last week,
after falling in five of the past six weeks.
There is little sign that employers are willing to hire, even as
the economy shows signs of recovering.
The Labor Department says new jobless claims rose to a
seasonally adjusted 531,000 last week, from an upwardly revised
520,000 the previous week. Wall Street economists had expected only
a slight increase, according to Thomson Reuters.
The number of people continuing to claim benefits dropped for
the fifth straight week to 5.9 million, from just over 6 million
the previous week.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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