Jobless Claims Rise Again

January 30th, 2009

Some numbers just keep going up, while others keep going down.

The number of Americans claiming jobless benefits hit a record high in mid-January, while orders for long-lasting factory goods fell for a fifth month in December, according to data on Thursday that showed the economy in steep decline.

…

The number of people staying on state jobless benefits rolls after drawing an initial week of aid jumped 159,000 to a higher-than-forecast 4.78 million in the week ended January 17, the most recent week for which data is available.

I’ll be glad when things pick up again.

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