Weekly Unemployment Back Over 400,000
Weekly unemployment remained above 400,000 at 402,000. For most of 2011 weekly unemployment has been over the key level of 400,000.
Numbers at or below 375,000 are considered to show healthy job market, the weekly number has not been. At that level since Feburary of this year. Future outlook is not strong with AMR Corp filing CH 11 this week.