Jobless Benefits Increased by 62,000
Hi Fellow Entrepreneur,
The Labor Department reported Thursday that new applications for jobless benefits increased by 62,000 to a seasonally adjusted 589,000 in the week ended January 17 from a revised 527,000 the prior week. Economists had expected a reading of 543,000.
U.S. employers cut 2.6 million jobs last year. The total number of people collecting unemployment benefits increased to 4.607 million.
Millions of Unemployed… Millions!
And, that’s just here in the USA. What must the numbers be worldwide?
Job security really is a thing of the past if you are an employee. The only job security in this day and age is your own business where you control the costs and you control the profits.
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More business information coming soon…
Wes Waddell
