Thursday, December 01, 2005

Unemployment Benefits Drop

The number of workers claiming first-time jobless benefits fell last week below pre-hurricane levels, and consumer incomes and spending showed more normal growth as well. Initial claims for state unemployment benefits dropped 17,000 to 320,000 the week ended Nov. 26 from an upwardly revised 337,000 the prior week, the Labor Department said. Well now that a couple months have past the unemployment benefits have dropped means that the country is getting somewhere slowly but surely. But how long will it take to solve this problem? Will it ever be solve, or will those victims of the hurricanes be living off unemployment for life and never have a job?

http://www.usatoday.com/money/economy/2005-12-01-jobless-income-spending_x.htm

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