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BREAKING: Weekly Jobless Claims Jump Up 73,000 to 430,000

ladyluck1672000 Wrote: Nov 15, 2012 9:03 AM
CM, his agenda is already well on it's way. I think we are teetering on the edge of the fiscal cliff and desperately trying to find the ripcord to pull on the way down.

The massive shedding of jobs in light of an Obama re-election has started. Weekly jobless numbers have jumped *up* from 73,000 to 430,000 according to the Wall Street Journal. These job losses come after warning signs this week from the markets and business owners who say they can't afford to keep employees with ObamaCare and the fiscal cliff looming. Hurricane Sandy also had an effect on increasing these numbers.

Sandy drove the number of people seeking unemployment benefits up to a seasonally adjusted 439,000 last week, the highest level in 18 months.

The Labor...

Related Tags: Jobs and Economy