First-time jobless claims jumped in the latest week, a possible sign of weakening in the U.S. labor market, according to government data reported Thursday. The number of workers filing for state unemployment benefits rose by 20,000 to a seasonally adjusted 339,000 for the week ended Nov. 10, the Labor Department said. This marked the highest level of claims in a month. Economists had generally been expecting claims to increase, but the consensus was hovering at about 325,000. Anecdotal evidence suggested that the knock-on effects of the strike by Hollywood writers may have impacted claims. Economists are watching claims closely because a sharp increase is one of the leading indicators of a slowdown. This to me seems like we may be headed for harder times before things get better. This makes it the best time to purchase Canton Georgia Real Estate while things are slow, then when things turn around you will be gaining value because youpicked the bottom.
 

1 Comments on Jobless Claims Jumping

Good information and a great post. I think we all could learn something from this information.

11/15/2007 09:54 AM by Cartersville Real Estate (Solid Source Realty)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Canton Georgia Real Estate--- Dwayne West (Atlanta Real Estate)
Canton Georgia Real Estate--- Dwayne West
Canton, GA
More about me…
Atlanta Real Estate

Office Phone: (770) 475-1130 Ext.: 4319
Cell Phone: (678) 233-4159
Email Me
This is a blog that will bring you all types of information about the City of Canton Georgia,and the Canton Georgia Real Estate Market.

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find GA real estate agents and Canton real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved