The Sluggish Decline in New Jobless Claims
December 16, 2010 at 11:18 AM EST
The favorable trend in weekly updates for initial jobless claims over the past two months remains intact with today’s release. New filings for unemployment benefits in the U.S. on a seasonally adjusted basis dipped by 3,000 last week to 420,000, the Labor Department reports. That’s hardly a definitive sign that all’s well, but the modest [...]