AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
See More Stories
Obama Announces Birth Control Compromise
Hoesktra Pulls Controversial Super Bowl Ad
New Claims for Unemployment Benefits Drop, Hit Lowest Level in Two Months
Even so, 454,000 Americans filed initially for jobless benefits during the week that ended July 3, the government said, and populous eastern states like New Jersey, Massachusetts, New York and Florida saw increases in new claims.
In addition, the Associated Press said some 350,000 people lost jobless benefits during the week of June 19, when Congress failed to reach agreement on legislation extending emergency unemployment insurance.
The report on new jobless claims "is good news," the global banking concern BNP Paribas said in a note to clients, but "it would need to be followed up by several more weeks to suggest a pickup in hiring."
Our New Approach to Comments
Add a Comment
If the economy is "recovering" so well as Obama claims, why did he want to extend unemployment benefits?...
July 09 2010 at 11:35 AM Report abuse Permalink rate up rate down ReplyI am glad that new unemployment claims are dropping, but are we so desperate for good news that PD has to put in that they are at the lowest levels in two months? The media will say or print anything that makes things look good for this president. I wonder how low his approval ratings would be if most media outlets told the truth about our economy.
July 08 2010 at 8:24 PM Report abuse Permalink +4 rate up rate down ReplyTo our liberal friends,
Listen you guys got your "DREAM TEAM" elected....
Did you forget that someone ACTUALLY has to know what their doing when they get there.
So as every day goes by ,the libs and the dems lose more and more of the indys and the middle because promises are easy to make and hard to keep.
So here's the deal....take your medicine...you screwed up and bet on the wrong horse
You bet the rent money now its time to face the facts...in less than 4 months the piper will be paid.... and it's gonna be a sizable bill....I'd start looking for a soup kitchen ...because your feet will be meeting the street.
Next time try thinking things through before you plan to take over the American public.
More "creative book keeping" by the administration. Could it be because thousands have given up looking for work?...
July 08 2010 at 4:01 PM Report abuse Permalink +5 rate up rate down ReplyThe stimulus plan is slowly working but there are still many unemployed people who need to continue receiving benefits. It is disgraceful that the republicans are blocking these benefits.
July 08 2010 at 2:51 PM Report abuse Permalink -6 rate up rate down ReplyYou're right the stimulus is slowy working. At this rate we should be at pre-stimulus unemployment numbers in about 25 YEARS !!!
July 08 2010 at 3:53 PM Report abuse Permalink +5 rate up rate down ReplyRepublicans are not 'blocking' anything. In fact the GOP offered to pass the bill as soon as Dems pay for just a portion of it. How shocking that our government actually pay for anything instead of just printing money until our nation collapses on its own debt to itself!
July 08 2010 at 4:49 PM Report abuse Permalink +4 rate up rate down ReplySomething for nothing..With over sixty million americans addicted to receiving compensation for doing nothing..It will indeed be a hard chain to break..
July 08 2010 at 2:03 PM Report abuse Permalink +3 rate up rate down ReplyYes, that whole addiction to food and shelter is something the GOP are certainly trying to get American off of....
July 08 2010 at 2:16 PM Report abuse Permalink -5 rate up rate down Replyapparently dan you have not lost your job. My husband has been jobless for 1 year, in that year he has sent over 150 resumes to potential employers with little to no response. Companies are not hiring because banks are not lending and when they do consider a loan the requirements are so high that people will not qualify. I do think that anyone collecting umemployment benefits should have to show proof that they have looked for work, think of the people who could find jobs checking on umemployment benefits - if you don't look for a job, you don't get the benefits.
July 09 2010 at 1:21 PM Report abuse Permalink +2 rate up rate down ReplySpin, conservatives; spin away....
July 08 2010 at 1:37 PM Report abuse Permalink -9 rate up rate down ReplyThe government doesn't "make" any money or profit - it only has taxes and increasing taxes to work with - or printing money of little value. So, I'm sure you are willing to pay more in taxes to help pay for all of this.
July 08 2010 at 2:44 PM Report abuse Permalink +8 rate up rate down ReplyI'd love to support you but every time i click on the "thumbs up" it says it has been added successfully, but the number stays at zero.
July 08 2010 at 3:40 PM Report abuse Permalink +6 rate up rate down Replywhy not show the total, instead of the margin? typical misrepresentation of the beat writer with nothing to say and trying to create news.
July 08 2010 at 1:16 PM Report abuse Permalink +9 rate up rate down ReplyExpect more and more of these fuzzy math stories on unemployment with only 117 days until mid term elections.
July 08 2010 at 1:04 PM Report abuse Permalink +13 rate up rate down ReplyI agree - this is another fuzzy math story.
July 08 2010 at 2:36 PM Report abuse Permalink +6 rate up rate down Replyor in other words Unemployment sucks just a little less than it did 2 months ago
July 08 2010 at 12:43 PM Report abuse Permalink +16 rate up rate down Reply
Follow Politics Daily
Sarah Palin's Popularity Slips to 60 Percent Disapproval Rate in Poll
Wisconsin Governor Signs Bargaining Bill, but Wider Political War Looming
Wisconsin Fight: Bill Limiting Unions Passes in Messy Process
Biden in Russia: Pegs More U.S. Trade to Corruption Cleanup
Latest From Gingrich: Presidential Announcement Likely in May
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- The Five Most Racist Obama Cartoons?
- Huck Finn, Censorship and the N-Word Controversy
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Kathryn Rogers: 6 Things to Know About Rush Limbaugh's Bride-To-Be
- World's Best City for Men? New York City No. 1 in Survey
- California Same-Sex Marriage Trial: An Uneven Matchup
News From Our Partners
- The case for a global currency
- Female soldiers fight the brass ceiling
- Catholic tribalism and the contraceptive flap
- The two Americas clash at CPAC
- A birth-control compromise could divide the right
- More Stories »
- Palin: GOP Needs an 'Instinctive' Conservative
- Romney Edges Ron Paul in Maine Caucus
- Romney Beats Santorum in Conservative Straw Poll
- Obama's Budget Sets Up Fight With GOP
- Bishops: Birth Control Change Not Good Enough
- More Stories »
- Former Bachmann spokeswoman joins Santorum team
- Sen. McCain to Negotiate Release of U.S. Aid Workers in Egypt
- Paul: Skipped CPAC to Try and Win in Maine
- The Phantom Menace: A Deal On the Payroll Tax Break
- McDonnell Sees "Great Path" for Romney
- More Stories »
- 10 things you need to know today: February 11, 2012
- Will money trouble sink Newt Gingrich's campaign?
- Good day, bad day: February 10, 2012
- Obama's birth control compromise: 'Still unacceptable'?
- Should glitter bombers get jail time?
- More Stories »
- James Delingpole : Why are my most soundly right wing friends gay?
- Claire Berlinski, Ed. : Syria, Meaningless Cliché-Mongering, and Pitiful Evasion
- Andrew Johnson : If The System Ain't Broke, Fix It To Benefit Me
- Blue Yeti : Law Talk With Epstein and Yoo: The Video
- Richard Rushfield : Whitney Houston's Tragic Death Takes CNN to New Lows
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics
27 Comments