Starting last week, we began covering the weekly jobless claim numbers from the Department of Labor. We’ll be doing this every week at least until things “get better,” so stay tuned.
New filings for jobless benefits dropped by 5,000, to 457,000, in the week ending Nov. 28, according to figures released by the Department of Labor today. That’s the lowest level since Sept. 6, 2008, a promising sign.
However, last week also included the Thanksgiving holiday, which undoubtedly prevented some laid-off workers from going to the unemployment office to file.
California’s weekly claims jumped by 14,000, hence this lovely pictorial illustration: the state says it’s due to the state government’s return to a five-day workweek as well as layoffs in the service industry.