Weekly Jobless Claims Hit 500,000 Nine Month High

In the week ending Aug. 14 new weekly claims for jobless benefits rose 12,000 to 500,000 which is the highest level since mid-November, 2009.

Unemployment Extension Benefits a Win for Barack Obama

Unemployment Extension Benefits a Win for Barack Obama, Jobless benefits are sure to be an issue during the 2010 election campaign – After weeks of Republican deadlock and stalling at the final hour, the Senate Wednesday passed a $34 billion measure to extend benefits to jobless Americans whose insurance ran out in June.