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

NOV
15
2007
Good information and a great post. I think we all could learn something from this information.
9:54am • #1

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Canton Georgia Real Estate--- Dwayne West

Canton, GA

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