Unemployment

The number of Americans filing first-time claims for unemployment benefits dropped last week to the lowest level in nine months. Applications fell by 10,000 to 514,000 in the week ended Oct. 10, lower than forecast, from a revised 524,000 the week before, Labor Department data showed today in Washington. The total number of people collecting unemployment insurance also decreased.
Numbers seem to indicate the improving economy is leading to a slowdown in firings.

Oct 15 · 11:39:00 AM · Source: Bloomberg.com
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by Larry Etter