U.S. jobless claims rise to highest level since February at 297,000

[Vigilante]

It's the ECONOMY, stupid!

Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....

 

[pinqy]

It's the ECONOMY, stupid!

Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....

Do you really think that's a concern? Here's the last 5 years:

 

[Vigilante]

It's the ECONOMY, stupid!

Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....

Do you really think that's a concern? Here's the last 5 years:

Of course I do, as the Democratic Recession of 2008 shows now almost 93 MILLIONS of working age OUT OF WORK!

 

[pinqy]

It's the ECONOMY, stupid!

Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....

Do you really think that's a concern? Here's the last 5 years:

Of course I do, as the Democratic Recession of 2008 shows now almost 93 MILLIONS of working age OUT OF WORK!

No, there are 93 million age 16 and older excluding those in prison or other institutions who are neither working nor trying to work. Most of those are retirees, disabled, students, and stay home spouses