07
Jan
10

Increase in jobs may be near; another sign the recession is easing

A government report Thursday on claims for unemployment aid signaled that layoffs are easing and that the economy could be on the verge of posting the first monthly gain in jobs in two years. The number of people claiming unemployment benefits for the first time barely rose last week, after two weeks of sharp drops. But the four-week average of claims, which smooths fluctuations, fell for the 18th straight week to 450,250. That figure is nearing the roughly 425,000 that many economists say would be a sign the economy will start creating jobs.

Still, the sharp drop in first-time unemployment claims in recent months as well as other signs of improvement have caused some economists to predict small job gains in December. If so, it would be the first net increase in jobs in two years.

Source; The Associated Press


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About Arthur De Gennaro


My friends call me Art. Welcome to my blog. In this space you’ll find information and comments on the ophthalmology world, the optical industry, the hearing industry and medical practice management. My intent is to provide information you can use to improve your business and your own performance. Please visit often and feel free to join the discussions by leaving comments.

You can learn more about me and my consulting company, Arthur De Gennaro & Associates, LLC by visiting my web site www.adegennaro.com

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