Jobless-claim drop beats forecast
State’s unemployment rate in September held steady at 7.1%
Posted: November 13, 2009 at 4:43 a.m.
Linda Cook, of Cranston, R.I., examines job listings at an employment center, in Providence, R.I., on Nov. 5. New claims for unemployment insurance fell more than expected last week.
Fewer Americans than anticipated filed claims for jobless benefits last week, signaling the worst employment slump in the post-World War II era is easing as the economy expands. Still, many private economists and Federal Reserve officials worry the nation could be in for a “jobless recovery” as the unemployment rate rises despite some overall economic growth.
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Business, Pages 29 on 11/13/2009
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