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June 25, 2009

Economic Recovery? Not So Fast

Filed under: General HR Buzz,Hiring & Jobs7:05 am

As the economy shows some meager signs of recovery, new data released today reports the number of people filing new jobless claims jumped unexpectedly last week to 627,000, and the total unemployment benefit rolls rose to more than 6.7 million. Economists expected a drop in new jobless claims to 600,000, according to Thomson Reuters.


Among the states, Florida had the largest increase in claims of 8,383, which it attributed to greater layoffs in the construction, trade, service, manufacturing and agriculture industries. The next largest increases were in Pennsylvania, Missouri, Puerto Rico and California.


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