Related News
More file for jobless claims
By Bob Willis |
January 16, 2009, Friday
|
Print Edition
Print Edition
FIRST-TIME claims for United States jobless benefits last week rose more than forecast, signaling companies stepped up the pace of firings at the start of the year.
Initial jobless claims jumped by 54,000 to 524,000 in the week that ended on January 10, from a revised 470,000 the prior week, the Labor Department said yesterday in Washington. The number of people collecting benefits fell from a 26-year high, Bloomberg News said.
The worst holiday sales season in at least 40 years and the lack of credit will probably prompt even more payroll cuts in coming weeks and months. President-elect Barack Obama, who takes office on Tuesday, has proposed a stimulus plan to save or create up to 4 million jobs.
"Increased layoffs will remain a weight on consumer spending," Tom Porcelli, an economist at Castlestone Management Ltd in New York, said before the report.
Initial jobless claims jumped by 54,000 to 524,000 in the week that ended on January 10, from a revised 470,000 the prior week, the Labor Department said yesterday in Washington. The number of people collecting benefits fell from a 26-year high, Bloomberg News said.
The worst holiday sales season in at least 40 years and the lack of credit will probably prompt even more payroll cuts in coming weeks and months. President-elect Barack Obama, who takes office on Tuesday, has proposed a stimulus plan to save or create up to 4 million jobs.
"Increased layoffs will remain a weight on consumer spending," Tom Porcelli, an economist at Castlestone Management Ltd in New York, said before the report.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
