Employers appear to be laying off workers again as applications for unemployment insurance reached the half-million mark last week for the first time since November. Initial claims for jobless benefits rose by 12,000 last week to 500,000, the Labor Department said Thursday. It was the fourth increase in the past five weeks and evidence that [...]
Filed under: Economic Crisis, Economic Recovery, Economic Recovery Plan, Economy, Employment, Unemployment | Tagged: Double Dip Recession, Economic Recovery, Economic Stagnation, Unemployment, Unemployment Numbers Hit 9 Month High | Leave a Comment »
