Morning Dose Of Reality: More Jobless Benefit Claims, More Than Expected

“First-Time Claims For Jobless Benefits Increased More Than Expected Last Week, A Sign Employers Are Reluctant To Hire And The Job Market Remains Weak.”  (Christopher S. Rugaber and Martin Crutsinger, “New Jobless Claims Rise More Than Expected To 551K,” The Associated Press, 10/1/09)

“The Labor Department Said Thursday That Initial Claims For Unemployment Insurance Rose To A Seasonally Adjusted 551,000 From 534,000 In The Previous Week.”  (Christopher S. Rugaber and Martin Crutsinger, “New Jobless Claims Rise More Than Expected To 551K,” The Associated Press, 10/1/09)

“Wall Street Economists Expected An Increase Of 5,000, According To A Survey By Thomson Reuters.”  (Christopher S. Rugaber and Martin Crutsinger, “New Jobless Claims Rise More Than Expected To 551K,” The Associated Press, 10/1/09)

“Employers Are Expected To Have Cut 180,000 Jobs In September, Down From 216,000 In August.”  (Christopher S. Rugaber and Martin Crutsinger, “New Jobless Claims Rise More Than Expected To 551K,” The Associated Press, 10/1/09)

“The Recession, Which Began In December 2007 And Is The Worst Since The 1930s, Has Eliminated A Net Total Of 6.9 Million Jobs.”  (Christopher S. Rugaber and Martin Crutsinger, “New Jobless Claims Rise More Than Expected To 551K,” The Associated Press, 10/1/09)

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