Americans Looking for Work is Highest Since 1967

For the week ended Feb. 21, 667,000 Americans filed initial jobless claims, up 36,000 from a revised 631,000 the previous week. That’s the highest figure since October 1982.

In a sign that more jobless Americans are having trouble finding work, 5,112,000 continued on unemployment for the week ended Feb. 14, the most recent data available. That’s the highest number since the Labor Department began keeping records since 1967.


14 Responses to “Americans Looking for Work is Highest Since 1967”

  1. 1 janeth February 28, 2009 at 11:35 AM

    Im not suprised by this but it does scare me. I really don’t see how it’s going to get better. I feel that if companies keep sending jobs overseas it’ll keep getting worse, but are they to blame? Maybe theres another factor why americans are losing jobs. But i believe that if we got through this during the 80’s we could get through it now.

  2. 2 Michael DeBoer St. Mary's March 1, 2009 at 2:35 PM

    Naturally, the unemployment rate will continue to rise as long as the economy continues to drop. Out sourcing overseas is a must for domestic companies in order to stay alive during these hard times. They cannot afford to hire American workers. Americans will continue losing jobs as long as companies are going out of business and out sourcing to over seas contries such as china. the longer it takes us to get the economy back to normal, more jobs will be lost, so it is crucial for Americans (who can)to start spening more to put more back into the economy.

  3. 3 Lucas Tirelli March 1, 2009 at 2:54 PM

    This is really scary and no help for the current situation. Unemployment will keep on rising as long as companies get bankrupted and out of the market. How could we get through this crisis if consumers don’t spend their money? A low demand means a low production, which forces firms to lay off workers in order to limit the losses. Furthermore, as Michael states, outsourcing is a solution for the firms to limit the losses, because the costs of producing in America are much higher than they are in Asia for example.
    However, how could the consumers spend more money if they are scared to lose their money, or if they lost their job? That is a big issue to solve.

  4. 4 NVC Storm March 2, 2009 at 8:21 PM

    If the economy continues to fall, the unemployment rate will continue to rise. We need the higher class of Americans to start spending more money to get the money flow in our economy back to normal. Out sourcing overseas to foreign countries has to be done for domestic companies because of the hard times. These companies can’t afford American workers, therefore Americans will keep losing jobs until the economy comes back to normal.

  5. 5 frank March 2, 2009 at 9:30 PM

    It is amazing to see how bad things are right now, but things will improve over time, we just have to be patient even though i know that a lot of people have families to take care of and things to pay for, but for now we can learn to value and appreciate things and maybe it will help people out in that way. I really hope the economy will get better soon, but from what i have heard this is going to be the year where its most rough

  6. 6 NicoleMB March 3, 2009 at 6:42 PM

    That is such a high number I can’t believe it. 667,000 on ONE week. The economy is just at kind of a stand still – or perhaps more of a downward spiral sort of thing – where there is just nothing thriving in terms of businesses. A new cupcake shop just opened up in downtown Napa. A cupcake shop that’s going to be charging $3 a cupcake. With all of these people without jobs who is going to take a quaint little trip down to the cupcake shop to enjoy a cupcake? I don’t think they’ll last long. Then more people out of work!

  7. 7 BeuWolf256 March 5, 2009 at 10:07 AM

    More peope are getting disperate for jobs so they don’t lose there cars and or homes. The cost of living is soo high, anyone in the house that can work, are having to pull together to make ends meet. With the inflation at the way it is, wages have yet too meet the inflation. The amount of jobes that have been leaving this nation to other country’s for soo long, well, there’s more jobs to be sought after.

  8. 8 Kit t Kat March 6, 2009 at 6:53 PM

    This is sad news. Hopefully more peole will get to work because that will help the country be more productive. And it will help the country produce goods for exporting. A lot of people go crazy when they lose or can’t find work and do a lot of bad things. That is counter productive. So, I wish the government the best in getting the country out of this mess.

  9. 9 Gaby Corona March 19, 2009 at 10:41 AM

    The unemployment rate is extremely high, and it keeps rising. People are looking for jobs and most dont have any luck. Most people are taking jobs that they never imagined, but they do not have a choice. They are deciding between some crapy jobs or being jobless. So they just take any job, as long as they get paid something. I find this really sad, and I hope our economy improves soon.

  10. 10 O'King Kole March 19, 2009 at 6:55 PM

    Its crazy on how the figures are continually climbing. It seems like the this year has been a record breaker from unemployment rates to the amount of jobs cut with in a week.

  11. 11 Leonardo Sanchez ECON 101 April 29, 2009 at 3:29 PM

    i agree unemployment will continue in its downfall untill the

    econmy rises again. Yes bringing people work across seas may

    damage us in the unemployment but the truth is there are only a

    fration of the problem we need to find a way 1st to stop lay

    offs and find ways to find employments.

  12. 12 Kelsey Ryan May 6, 2009 at 11:13 AM

    I am very fortunate that i have a job. it may not be an income i can support myself on, which is why i still live at home, but it is enough to pay for gas and food. i would really be struggling if i didnt have it. It does scare me though to hear that the number of unemployed people keeps increasing. I sure hope that this turns around when i graduate from college in 3 years.

  13. 13 Andrew May 12, 2009 at 4:42 PM

    This is depressing. People have not only lost their jobs, but their families have also lost their way of life. Losing one’s job means losing the ability to house yourself, feed yourself and also clothe and pay for the necessities of day to day routines. I think the govt should take a more active role to create more jobs to help out people who have lost their jobs in these bad economic times.

  14. 14 angela December 16, 2009 at 5:47 PM

    Unfortunately a lot of people lost their jobs in the last year. Latest news says that unemploymen is¨”down” 10% however there was so little excitement about that drop. The method of calculatig employment is count as unemployed those who have look for a job in the last months but not who have looked for a job in the last yeat or part time employees that were willing to take a job is they were offer one. So, are the unemployment really dropping?

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