[SeMissourian.com] A Few Clouds ~ 80°F  
River stage: 17.85 ft. Rising
Monday, Sep. 1, 2014

Total jobless rolls drop sharply to nearly 6.8 million

Thursday, June 18, 2009

WASHINGTON -- The total number of people on the unemployment insurance rolls has dropped for the first time since early January, while first-time claims for benefits rose slightly.

The Labor Department says the total unemployment insurance rolls fell by 148,000 to 6.76 million, the largest drop in more than seven years and a sign that layoffs are easing.

The drop also breaks a string of 21 straight increases, the last 19 of which were record-highs. A dip in continuing claims several weeks ago was later revised higher.

The department also says initial claims rose 3,000 to 608,000, above analysts' expectations. The four-week average, which smooths fluctuations, fell 7,000 to 615,750.


Fact Check
See inaccurate information in this story?


Respond to this story

Posting a comment requires free registration. If you already have an account on seMissourian.com or semoball.com, enter your username and password below. Otherwise, click here to register.

Username:

Password:  (Forgot your password?)

Your comments:
Please be respectful of others and try to stay on topic.

Related subjects