Detailed text transcripts for TV channel - FOXNEWS - 20120419:16:10:00
Drop was because people simply gave up looking for work. people who are out of work but not looking for jobs aren't counted among the unemployed. unemployment claims have remained below the 400,000 level now for 14 straight weeks, so we can take some comfort from that. but the department also revising the previous week's data to show 8,000 more people applied for benefits than first estimated at 388,000. the four-week average which is the less volatile number, if you like, it smooths out all the other seasonal data, that rose to around 374,000. that, by the way, the highest level in almost thr...
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