Quotes of the Day

“It's impressive to finally see unemployment claims fall below 400,000.”
STUART HOFFMAN, chief economist with PNC Financial Services, commenting on Thursday’s
Thursday, Dec. 30, 2010

Open quoteIt's impressive to finally see unemployment claims fall below 400,000.Close quote

  • STUART HOFFMAN,
  • chief economist with PNC Financial Services, on a report from the U.S. Department of Labor showing that the number of initial jobless claims was 388,000 in the week ended Dec. 25; it's the first time in more than two years that claims are below 400,000
Photo: Kevork Djansezian / Getty Images | Source: CNN