All Press Releases for October 15, 2012

Unemployment Claims Cut By 1 Million Per Month In Obama's First Term, Reports Gold Price

Bloomberg's latest report shows that first-time unemployment claims fell to 339,000 applications per week, or 1,356,000 this month. In February 2009, first-time unemployment claims climbed to 667,000 per week, or 2,668,000 that month.



    SAN JUAN, PUERTO RICO, October 15, 2012 /24-7PressRelease/ -- The latest Bloomberg report shows that first-time claims for unemployment reached a 4 1/2year low at 339,000 applications per week, a total of 1,356,000 this month. If we look back at the beginning of President Obama's term, in February 2009 first-time unemployment claims reached a 26-year high at 667,000 applications per week, a total of 2,668,000 for the month. From February 2009 to October 2012, first-time unemployment claims have fallen by over 1 million per month, from 2,668,000 to 1,356,000, reports Gold Price.

Arthur McGuire, Vice President of Gold Price says "Numbers don't lie, and even though the numbers are still unacceptably high, one must admit that the improvement is dramatic." McGuire adds "I'm eager to see if the improvement is enough of a gain to win President Obama another term in these still difficult and turbulent times."

Gold Price (GP) is a leading precious metals firm since 1992. They offer investors a free award-winning gold buyer starter's kit by visiting http://www.GoldPrice.net or calling 1-800-767-1423.

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