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first-time unemployment filings drop below critical threshold value

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December 9, 2011  6:23 PM

Unemployment filings finally fall below critical 400K weekly mark



Posted by: Ed Tittel
a bit of good employment news from unemployment filings for the week ending 12/3/2011, first-time unemployment filings drop below critical threshold value, weekly unemployment filings fall below 400K

For the first time since February, 2011, weekly first-time filings for unemployment have finally dropped below the 400,000 mark. This number is a kind of critical watershed point for economists, who believe that numbers above this threshold indicate an ailing economy, while those below this mark...

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