Feb. could be worst month yet for jobless claims (AP)

Hundreds of job seekers stand on line at a National Career Fairs job fair at the Radisson Martinique On Broadway Hotel Wednesday, Feb. 18, 2009, as they lined up to get a shot at employment. The Labor Department says new applications for benefits totaled 627,000 last week, the same as the previous week. But that was still more than the 620,000 claims economists expected.  (AP Photo/Craig Ruttle)AP – February is shaping up to be another brutal month of job losses: The number of laid-off workers receiving unemployment benefits hit an all-time high of nearly 5 million, and new jobless claims are at levels not seen since the early 1980s.


Leave a Reply