First-time filings for jobless benefits highest in almost two years : LUSENET : TB2K spinoff uncensored : One Thread

Jobless claims soar
First-time filings for benefits at highest level since January '99
November 9, 2000: 9:04 a.m. ET

NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits rose to a nearly 22-month high of 344,000 for the week ended Nov. 4 from a revised 309,000 the previous week, the government reported Thursday.

Economists polled by had forecast U.S. jobless claims of 310,000 for the period.

U.S. jobless claims are at their highest since 354,000 in the Jan. 9, 1999, week.

graphicThe Labor Department's four-week moving average of claims, which generally provides a

more accurate picture of jobless trends, was 317,250 for the period, up from 309,750.B B B B B B B

Continued claims were reported at 2,224,000 for the Oct. 28 week, the latest period for which data are available, down from a revised 2,163,000 in the prior period.

Wisconsin, Oregon, Ohio, Michigan, Missouri, and Washington all reported an increase in claims of more than 1,000 in the week ended Oct. 28, the latest period for which the data are available. 

Copyright © 2000, CNN America, INC.

-- (M@rket.trends), November 09, 2000


To quote Gore - "You ain't seen nothing yet". Sow to the wind and reap the whirlwind. For eight long years he and Gore have been sowing to the wind and the howling of the whirlwind is beginning to be heard.

-- Nadine (, November 09, 2000.

Guess Gore and the others haven't been privy to the Day Labor Pool, with increased folks, waiting for work. Guess, also, they have not noticed the increased volume of "For Sale" vehicles, parked on the side of the road. Drastically increased prices from the pump to the grocer. The Silent, are bleeding. The "Johnny Six Pack" as Mr. Clinton once chose to describe the back bone of America. How condesending to those who do manual labor, and upon whose backs, the manual labor, with the most increased taxes. Not much different in the next category of wage earners. I live in a double wide, We make 90K, we are reduced to doing nothing, going nowhere. We smoke. Am still trying to figure out, why we have no "spendable money" I think I have arrived at the answer. I paid off all my credit cards, two years ago. I am simply amazed at what my final dollar will buy. It isn't much. The American Dream is a Falacy. It is all an illusion, about how much you can actually afford, and how much it will cost you. Run these figures through your calculator. Try to get ahead with a dollar, and find you are taxed to death. Enough Already. But keep your eyes opened, and Hope.

-- Up to U (, November 09, 2000.

You live in a trailer, make 90k a year, and don't have any spending money? I did'n know that they had double-wides in Manhattan.

-- R U Kidding? (, November 10, 2000.

Simpleton, you exist.

-- My Story and (, December 29, 2000.

90k and no spending money?!? After a point it's not what you make but what you do with it. We make a good deal less than 90k but we have savings, retirement and spending money... The American dream isn't a vcr and tv in every room! Stop whinning and start saving, when you hit retirement you'll be glad you did.

-- Mabel Dodge (, December 30, 2000.

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