Published on OurFuture.org (http://www.ourfuture.org)
Jobless Claims Rise to 371,000
By OurFuture.org Staff
Created 05/15/2008 - 9:39am

Article Source: 
http://www.bloomberg.com/apps/news?pid=20601103&sid=aYTuR_bGtK7A [1]
Article Publication Date: 
05/15/2008

The number of Americans filing applications for the first time increased to 371,000, in line with estimates, from 365,000 the prior week, the Labor Department said. Companies are stepping up the pace of firings as the worst housing slump in more than a generation undermines home values, consumer spending and overall growth. Economists forecast consumer spending would increase this quarter at the slowest pace in 17 years.

Campaign For America's Future

1825 K Street, NW, Suite 400, Washington, DC 20006
202-955-5665 (tel) | 202-955-5606 (fax) | www.ourfuture.org

home | donate | search | contact us | your privacy

Links:
[1] http://www.bloomberg.com/apps/news?pid=20601103&sid=aYTuR_bGtK7A