Thursday, December 3, 2009

Jobless claims slide to near 15-month low


At this point I have no clue if this is good or bad.

New York (CNNMoney.com) The number of first-time filers for unemployment insurance fell last week to a nearly 15-month low, according to a government report released Wednesday.

There were 457,000 initial jobless claims filed in the week ended Nov. 28, down 5,000 from a revised 462,000 the previous week, the Labor Department said.

That's the lowest level since the week ended Sept. 6, 2008. The week being reported included the Thanksgiving holiday.

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