Thursday, April 23, 2009

Thursday is New Jobless Day

No it's not over.

Initial claims for state unemployment insurance benefits increased to a seasonally adjusted 640,000 in the week ended April 18 from a revised 613,000 the prior week, the Labor Department said.

...

Continuing claims rose 93,000 to 6,137,000, setting a record for the 12th straight week. That number measures the amount of workers who collected unemployment benefits for more than one week during April.