Analysts point out economy seems to be growing, but hiring not picking up
WASHINGTON - The number of new claims for unemployment benefits jumped unexpectedly last week as heavy snows led to higher layoffs.
In addition, many state agencies in the mid-Atlantic and New England regions that process the claims were closed due to the storms and are now clearing out backlogs, a Labor Department analyst said.
Still, the increase is likely to amplify concerns that the job market is weakening, potentially slowing the economic recovery.
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2 comments:
Wake up fools there are no jobs. We have not seen the last of the downturn, we havent seen anything yet.
Iam now unemployed after 40 some years ..There are no jobs out there. No one can tell me that things are getting better. I am lucky i can stay home but what is gonna happen to the others??????????
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