Jobless Claims In U.S. Drop To 2-Year Low

Comments:  | Leave A Comment



The number of people filing for unemployment insurance fell last week, but weak industrial output and a drop in wholesale prices point to a slowing in the economic recovery.

Initial claims for jobless benefits fell a seasonally adjusted 29,000 to 429,000 in the week ended July 10, the Labor Department said Thursday. The four-week moving average, which smooths out weekly gyrations, fell 11,750 to 455,250.

Click here to read more.

Click here to view photos:


Black Female Unemployment Has Steepest Decline In May

Black Women See Consecutive Unemployment Decrease In June

Join the Conversation! Share on Facebook!

Tags: »


blog comments powered by Disqus

Get every new post delivered to your Inbox.

Join 1,879 other followers