In 2011, We All May Have Jobs, Yet!
Cover from August 2009
According to the weekly report from the Labor Department, new jobless claims have fallen to the lowest level since July 2008, declining 34,000 for the week ending on Christmas Day. Apparently "seasonal layoffs" often pick up in that week, which seems particularly shitty, so we're glad this year they didn't. The Wall Street Journal reports that this decline "provides some basis for optimism" about the labor market in general -- maybe we'll finally beat back that 9.8% unemployment rate in 2011. Crossing our fingers for the new year. [JDoll]
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in New York, delivered to your inbox.