Is the job market looking better from where you sit?
The latest news from the Labor Department suggests it is—or will soon.
The number of people applying for jobless benefits fell by 15,000 to a seasonally adjusted 372,000, which is prompting much cautious optimism today.
That number, averaged over the past four weeks, the lowest level in four years, Bloomberg reports.
Claims also came in below a watershed number—375,000. Anything below that can actually start to drive the unemployment rate down.
Katie Ryan O'Connor
9:35 am on Thursday, January 5, 2012
I'm particularly curious what local small business owners think — are you hiring?
Dina Sciortino
1:58 pm on Sunday, January 8, 2012
Just read this and found it interseting, thought of this post
"Unemployment insurance reaches just 40 percent of the jobless these days (largely because eligibility requires having had a steady full-time job for a number of years rather than, as with most people, a string of jobs or part-time work)," said Robert Reich, Chancellor's Professor of Public Policy at the University of California at Berkeley, in a Business Insider article here, http://www.businessinsider.com/the-decline-of-the-public-good-2012-1