Labor Dept. Reports Increase in Jobless Claims
Thursday, July 01, 2010
According to the latest report from the U.S. Labor Department, 13,000 more jobless claims were filed in the last week of June, bringing the total number of claims filed this past week to 472,000.
The latest report indicates a slow economic recovery, and precipitates a problem likely to worsen when federal unemployment benefits expire later this month, according to the Associated Press.
Yesterday, the Senate voted 59 to 37 to reject a bill to extend unemployment benefits through the fall, and an estimated 2 million Americans are expected to lose their benefits by July 12, according to the
An estimated 2 million Americans are expected to lose their benefits by July 12, according to the Washington Post, after the Senate voted 59 to 37 yesterday to reject a bill to extend jobless benefits through the fall.