First-time jobless claims fall
December 27th, 2012
09:07 AM ET
1 year ago

First-time jobless claims fall

New York (CNNMoney) - The number of newly unemployed seeking jobless benefits fell more sharply than expected last week, according to the government's latest reading on the state of the labor market.

There were 350,000 filing for initial jobless claims in the week, down from the 362,000 who sought assistance a week earlier. Economists surveyed by Briefing.com had forecast 375,000 would be seeking help last week.

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Filed under: Jobs
soundoff (9 Responses)
  1. DENNA

    Things are slowly getting better. Once the fiscal cliff/Obamacare tax scare settles down, I think the economy will right itself. I hope this mess has taught us a lesson about our economy. Unfunded wars and tax cuts are no compatible. If we insist on playing policeman to the world and avenging very attack on America, we will have to pay for it. Case closed.

    December 27, 2012 09:34 am at 9:34 am |
  2. 2hheel2

    Now with the dysfunctional Congress this could get much worst quickly. It is time for our legislators to put this childish bickering and make America first. This is Russian roulette with our economy. Totally self made to make Government work and they just prove our system is broken. The Tea Party radicals must get out of the way before they ruin our entire economy and the economy of the world.

    December 27, 2012 09:37 am at 9:37 am |
  3. Tampa Tim

    As it has been said before, "Imagine how low our unemployment rate would have been if a single republican voted to help our president instead of focusing on anti abortion bills for four years."

    December 27, 2012 09:40 am at 9:40 am |
  4. plain&simple

    Try helping our people republicans.....America needs JOBS and you have done NOTHING to help !!! Do you really think you have to cater to the extreme to win your primaries? So even if you do you lose the general election ....you still lose!!! Try to put our country and It's best interest first,grow a pair and be an American. If all the people in your district are whacked ....better to teach than follow.

    December 27, 2012 09:40 am at 9:40 am |
  5. Donna

    DENNA
    Things are slowly getting better. Once the fiscal cliff/Obamacare tax scare settles down, I think the economy will right itself. I hope this mess has taught us a lesson about our economy. Unfunded wars and tax cuts are no compatible. If we insist on playing policeman to the world and avenging very attack on America, we will have to pay for it. Case closed.
    ------–
    You are a totally clueless koolaide drinker. Afghanistan, Iraq and tax cuts had NOTHING to do with the crash of the financial markets. Giving mortgages to people who couldn't afford them, guaranteed by the government, crashed the financial markets. You really need to start educating yourself and stop believing the propaganda sites you are frequenting.

    December 27, 2012 09:46 am at 9:46 am |
  6. Donna

    Tampa Tim
    As it has been said before, "Imagine how low our unemployment rate would have been if a single republican voted to help our president instead of focusing on anti abortion bills for four years."
    --------
    Democrats had total control of government for two years. The unemployment rate went UP to over 10%. Republicans took the House in 2010 and the unemployment rate started declining. If it wasn't for the Republicans, Obama would have unemplyment at 12%. But the ONLY reason the unemployment rate has been dropping lately is because people have stopped looking for jobs. The work force is at the lowest level in decades. Obama is turning the country into Foodstamp Nation.

    December 27, 2012 09:52 am at 9:52 am |
  7. DENNA

    It looks to me like the GOP did not get the message America sent in the election. We are sick of you, your lies, your foot dragging, your worrying about the next election instead of doing your darned job. Boehner, Cantor and all of you: If you don't get this done NOW, be prepared to find other employment in 2014.

    December 27, 2012 09:57 am at 9:57 am |
  8. Donna

    DENNA
    It looks to me like the GOP did not get the message America sent in the election. We are sick of you, your lies, your foot dragging, your worrying about the next election instead of doing your darned job. Boehner, Cantor and all of you: If you don't get this done NOW, be prepared to find other employment in 2014.
    ------
    Yeah right.... Their constituents just re-elected them a month ago because they liked the job they are doing. What is the color of the sky on your planet?

    December 27, 2012 10:04 am at 10:04 am |
  9. Rudy NYC

    Donna wrote:

    Democrats had total control of government for two years. The unemployment rate went UP to over 10%. Republicans took the House in 2010 and the unemployment rate started declining. If it wasn't for the Republicans, Obama would have unemplyment at 12%. But the ONLY reason the unemployment rate has been dropping lately is because people have stopped looking for jobs. The work force is at the lowest level in decades. Obama is turning the country into Foodstamp Nation.
    -------------------
    Democrats did not have "total control for two years." Republicans have had a filibuster in the Senate during Pres. Obama's entire first term; thanks to people like Joe Lieberman and Scott Brown. Brown was sworn in Jan. 2010, one year into the first term.. Right wing media has been lying to you for years.

    As far as unemployment goes, you forgot to mention the 750,000 jobs we lost in Jan. 2009, which was the month that Barack Obama was inaugurated. You forgot to mention that GDP was running around -9% that month, too. You also forgot to mention that gasoline had dropped all the way under $2 because the global economy had crashed causing an oversupply of oil because so many oil futures had been purchased. They had to produce it because contracts had been signed on oil futures. You forgot a lot stuff, most especially the facts and the truth.

    December 27, 2012 10:32 am at 10:32 am |