Unemployment claims drop to 7-month low
November 10th, 2011
08:40 AM ET
3 years ago

Unemployment claims drop to 7-month low

NEW YORK (CNNMoney) - Fewer Americans filed for initial unemployment benefits last week, marking continued - but still slow - improvement in the job market.

About 390,000 people filed for their first week of unemployment claims in the week ended Nov. 5, the Labor Department said Thursday. The number of claims fell 10,000 from the revised 400,000 in the prior week.

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Filed under: Jobs • unemployment
soundoff (9 Responses)
  1. stevie

    It`s certainly not due to anything obama has done.

    November 10, 2011 08:47 am at 8:47 am |
  2. Phil in KC

    On the one hand, it's great we're at a 7 month low. On the other hand, we still have 390,000 people filing for first-time unemployment on top of the millions who are already unemployed – on top of the millions more who are under-employed.

    November 10, 2011 08:57 am at 8:57 am |
  3. Keith in Austin

    Let's start the celebration! Obama's Socialistic spending policies have saved the Economy!

    November 10, 2011 09:05 am at 9:05 am |
  4. 357 days and no more Obama

    Democratic math, the government stopped counting more of the unemployed and unemployment dropped, what a joke.

    November 10, 2011 09:32 am at 9:32 am |
  5. mickey

    these are sesonal jobs,such as christmas help,ups,usps and all retail stores.looks good on paper but the #`s will go back to normal after the holidays.

    November 10, 2011 09:51 am at 9:51 am |
  6. Paul

    The GOP hasn't contributed anything to slow unemployment. There number one goal is not to make things better, but to make things worse. According to the GOP. in doing this voters will punish the Obama administration. We are not as stupid as they think? We see what their strategy is and how it's playing out in congress. We will ensure we elect representative who will go to Washington and work, not people whose aim is to 'stall things'

    November 10, 2011 09:52 am at 9:52 am |
  7. one voice

    If it wasn't for the stimulus package, saving of the auto Industry , the unemployement rate would've been over 20%. Thank you President Obama.

    November 10, 2011 10:00 am at 10:00 am |
  8. one voice

    If it wasn't for the 245 filibusters(and counting) in the Senate, this near depression would've been over..............

    November 10, 2011 10:03 am at 10:03 am |
  9. w l jones

    Trust our government and Businessmen they know what they are durn. Enough said.

    November 10, 2011 10:21 am at 10:21 am |