Recovery questioned as jobless claims jump

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After several weeks of relative stability in initial unemployment claims, Jobless claims jump unexpectedly. I’ve added an arrow to show the point at which President Obama’s Recovery Act.

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Unemployment was more than 14% from 1931 to 1940. Unemployment remained in the single digits until 1982 when it reached 10.8%. The annual unemployment rate reached 9.9% in 2009, during the Great Recession. The lowest unemployment rate was 1.2% in 1944. It may seem counterintuitive to think unemployment can’t get too low, but it can.

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Fragile Recovery Expectations Shattered By Jobless Claims Jump September 4, 2003 (PLANSPONSOR.com) – Just as economists were hoping the US job market was finally beginning to firm up, the latest government report on first-time jobless benefit claims showed just how fragile the employment picture actually is.

The latest jobs report shows the unemployment rate was down to 3.9 percent in April, the lowest level since December 2000. But wages are only up 2.6 percent from a year ago. I joined the cbs evening news to explain what that means for workers. Have a money question? Email me here.

New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended august 14, the highest since mid-November, the Labor Department said on Thursday.

Jobless numbers jump in the US After a month of what looked to be a positive trend popping up for the American economy, jobless claims have once again surged above the 400,000 mark last week, halting hopes of a recovery from the recession. Initial jobless claims fell 36,000. pickup in the economic recovery has weighed on equities this year.

Jobless Claims Jump to 224,000, Much Worse Than Expected The number of U.S. workers filing new applications for unemployment benefits jumped 3,000 to a seasonally adjusted 224,000 in the week ended November 17, the Labor Department said Wednesday.

The number of Americans filing first-time claims for unemployment. an uneven recovery. “The economy is growing, no question about it,” John Faraci, chief executive officer at International Paper,

Jump In Jobless Claims Raises Recovery Questions.. Thursday’s weekly report from the Labor Department tallied 473,000 new jobless claims, up from 442,000 a week earlier and considerably higher.