29 Sep '11, 2pm

US jobless claims drop sharply: WASHINGTON: US jobless claims fell sharply last week to 391,000, their lowest le...

WASHINGTON: US jobless claims fell sharply last week to 391,000, their lowest level since April, the Labour Department said Thursday. The previous week's new claims for unemployment insurance, a measure of the pace of business and government lay-offs, was 428,000. Although the figure is seasonally adjusted, a Labour Department statistics official pointed to the frequent volatility of the data as the likely reason for the big drop, rather than a change in the overall employment situation. "I think this is more of a technical issue in terms of decline," the official said. "It's a seasonal factor that leads to a big drop of the seasonally adjusted value." It was the best figure since the week to April 2, when new claims fell to 385,000. Since then they haven't fallen below 399,000, with the average of the past four weeks 417,000. With the national jobless rate still a high 9....

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

WTS Subdecay Proteus PRICE DROP

WTS Subdecay Proteus PRICE DROP

soft.com.sg 01 Oct '11, 10pm

WTS Subdecay Proteus PRICE DROP Killer envelope filter, autowah, appergiator/synth sonic madness in a simple box. Tap temp...