CNNW CNN Newsroom January 19, 2012
numbers that we were hoping to see and hopefully will continue. so new jobless claims plunged to 352,000 last week. that's a huge drop. down by 50,000. this demonstrates there are fewer layoffs. however, jobless claims can be a little volatile. for example, we saw claims jump a few weeks ago because of the temporary holiday workers that were laid off. and also the prior week was revised a little bit higher, not much. just by about 3,000. it did go above 400,000. we need to stay below that in order to associate that with actual job creation. today's report is good news. we need to see...
Source: archive.org