Career and Job-Hunting Blog
Career and job-search news, trends, and scoops for job-seekers, compiled by the staff of Quintessential Careers.
|Career and Job-Hunting Blog Index|
|October 2, 2008|
New claims for unemployment insurance in U.S. jump to 7-year high as economy, hurricanes wreak havoc on people’s jobs, lives.
The Department of Labor reported that initial filings for state jobless benefits increased by 1,000 last week to a seasonally adjusted 497,000 — the highest since the 517,000 reported in the almost identical week in September 2001, and more than 150,000 more than this time last year when the jobless claims number stood at 324,000.
Furthermore, the number of people continuing to collect unemployment insurance increased by 48,000 to 3,591,000.
Finally, in the September employment report due out tomorrow, experts expect to see that the U.S. economy will see net job losses of more than 100,000 jobs — continuing the trend started in January — and that is expected to continue for perhaps the rest of the year.
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- The Career Doctor Career Advice Column
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