Neotrotsky
Council to Supreme Soviet
Jobless claims up- MSM- "unexpectedly" or Why don't the Lefts' policies work
Jobless claims rose 10,000 in the last week
An unexpected rise in jobless claims indicate that the labor market is still struggling. Initial claims rose 10,000 in the week ending July 16, to 418,000, according to statistics released Thursday by the Department of Labor.
The Employment and Training Administration also revised the previous week's claims figure, for the weekend ending July 9, up to 408,000 from 405,000. Claims for jobless benefits had declined over the previous two weeks, ending on June 25 and July 2.
The four-week moving average, often considered a better indicator of the labor market, decreased by 2,750 to 421,250.
Jobless claims rose 10,000 in the last week
An unexpected rise in jobless claims indicate that the labor market is still struggling. Initial claims rose 10,000 in the week ending July 16, to 418,000, according to statistics released Thursday by the Department of Labor.
The Employment and Training Administration also revised the previous week's claims figure, for the weekend ending July 9, up to 408,000 from 405,000. Claims for jobless benefits had declined over the previous two weeks, ending on June 25 and July 2.
The four-week moving average, often considered a better indicator of the labor market, decreased by 2,750 to 421,250.