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Michael van der Galien

Layoffs Are Easing

by
Posted on January 7 2010 4:00 pm
Michael van der Galien was born in the Dutch city of Leeuwarden in 1984. For as long as he can remember, he has been obsessed with the United States. When he was 17 years old, he started blogging - of course about America. His articles have been published at Big Hollywood, Pajamas Media, Hot Air (the GreenRoom) and Right Across The Atlantic. He's also an editor for the Dutch conservative blog, De Dagelijkse Standaard.
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The number of people claiming unemployment benefits for the first time barely rose last week, after two weeks of sharp drops, further evidence that layoffs are easing.

The Labor Department said Thursday initial claims for jobless benefits rose by 1,000 to a seasonally adjusted 434,000 last week. That’s lower than the 447,000 that analysts expected, according to Thomson Reuters.

Read the whole thing at Breitbart.com.

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