Jobless claims sink, while economy grew more than thought

In two rare glimmers of good news for the economy, first-time claims for jobless benefits dropped significantly last week, and the government said GDP grew faster than previously thought during the second quarter. Initial claims for unemployment benefits sank last week to 391,000, a hefty drop of 37,000 from a revised 428,000, the government said.

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Jobless claims sink, while economy grew more than thought

Posted by on September 29, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.