Jobless Claims Rise

Discussion in 'Economy' started by SuMar, Oct 18, 2012.

  1. SuMar
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    SuMar VIP Member

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  2. TNHarley
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    TNHarley Gold Member

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    That is not mathamatically possible!
     
  3. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Published: Thursday, 18 Oct 2012 | 8:35 AM ET

    Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

    The Labor Department say
    s the four-week average of applications, a less volatile measure, fell slightly to 365,500, a level consistent with modest hiring.

    Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008.

    This week, it reported a significant increase
    as it processed applications delayed from the previous week. (Read More: Why Jobless Claims May Not Be as Good as Market Thinks.)

    http://www.cnbc.com/id/49460659
     
    Last edited: Oct 18, 2012
  4. pinqy
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    pinqy Gold Member

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  5. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    I imagine a country with full employment, rising wages and low energy costs. It just so happens, Obama isn't included..:eusa_angel:
     
  6. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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