The Labor Department said Thursday that the four week average of applications, a less volatile measure, increased 3,500 to a seasonally adjusted 336,750.
The average is roughly in line with pre-recession levels and suggests that, despite last week’s rise, companies are cutting few jobs. Applications are a proxy for layoffs.
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3 comments:
this is a load of crap, since over 1 million fell off the rolls due to the lack of extension. simply cooking the books
And the flip side is that without a certain amount of time on a job even applying is fruitless.
Also so many jobs have been cut that in a sense, there are fewer left to cut!
When I apply for unemployment should I fine tune my resume?
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