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    Repiglican Roast

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    Friday, July 25, 2008

    Jobless claims surge

    The Labor Department reported Thursday that the number of new applications filed for these benefits rose by a seasonally adjusted 34,000 to 406,000 for the week ending July 19.

    That matched the level seen in late March. The last time claims were higher was after the devastation of the Gulf Coast hurricanes in mid-September 2005. Then, they spiked to 425,000.

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    posted by TheFuriousGourmet | 5:24 PM

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