Detailed text transcripts for TV channel - FOXNEWS - 20121018:13:08:00
The weekly claims have stayed above 300,000. they spiked back in early 2009 which you can see on this chart. economist say weekly claims have to consistently fall below the 375,000 mark shown by the yellow line there to indicate that the job market is strong enough to lower the unemployment rate when the monthly numbers come out. in recent weeks, weekly jobless claims dipped below that line but this report shows them headed in the other direction. they have been hovering in some pretty tough territory over the last several months. bill: the jobs report too though is bad enough for recent colle...
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