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National Unemployment Claims Drop to New Lows

The number of people filing new claims for unemployment benefits dropped to the lowest levels in years.

The U.S. economy continues sending out mixed signals about how the nation is faring. The latest bit of positive news is that the number of people filing new unemployment claims dropped to 339,000, the lowest level in four and a half years and 30,000 fewer than the previous report from the U.S. Department of Labor.

Reuters reports that the numbers are far better than expected. Economists polled by the news organization expected the number of claims to rise to 370,000. 

A clearer picture of the economy in Connecticut will form when the state Department of Labor releases the September unemployment figures. The numbers are typically towards the end of the month.

August's unemployment rate of 9 percent was the highest in Connecticut since April 2011.

Bob Grilley October 11, 2012 at 10:39 PM
Please correct this. The BLS(for the 1st time ever) omitted ALL the numbers from the State of California...Anotherwords the numbers given out are worthless and probably understate by thousands..
Tim Hendrie October 14, 2012 at 05:36 PM
Perfect example of "cooking the books". Do they think we just fell off the turnip truck? Mixed Signals?. I guess the Titanic was sending out mixed signals.

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