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Friday, June 15, 2012

US Jobless Claims Rise to 386K

More Americans sought unemployment aid last week, suggesting hiring remains sluggish.

The Labor Department said Thursday that weekly unemployment benefit applications rose 6,000 to a seasonally adjusted 386,000, an increase from an upwardly revised 380,000 the previous week.

The four-week average, a less volatile measure, rose for the third straight week to 382,000. That's the highest in six weeks.

Weekly applications are a measure of the pace of layoffs. When they drop below 375,000, it typically suggests hiring is strong enough to reduce the unemployment rate.

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7 comments:

Anonymous said...

Keep voting for Democrats and this country will FAIL!!

Anonymous said...

was this picture taken in mexico?

Anonymous said...

Barack & Joe are on their way to re-election because only they truly understand economics and how to make what was a great country even worse than they've done so far. Four more years and they will have created a total collapse.

Anonymous said...

But the middle class is doing just fine says Obummer

Anonymous said...

Obama-nomics uses fuzzy numbers!

Anonymous said...

EDUCATE THESE IDIOTS ON THE USE OF COMPUTERS!!

Then, they won't need to stand in line.

Anonymous said...

DUCATE THESE IDIOTS ON THE USE OF COMPUTERS!!

Then, they won't need to stand in line.

June 15, 2012 8:30 PM

And of course they would have computers and money to pay for internet service? While being unemployed?

But you're right. They are idiots because they stand in line, don't have or don't use a computer. Heck, I bet they are unemployed just because they are idiots right?

You are such a warm and friendly person. It just warms my heart to hear such compassion and helpful advice that you have shown to others.