Jobless claims fell again; will you hail Obama?

[Legion Troll]

Claims for unemployment benefits fell sharply last week, another sign that employers are hanging onto their workers in a growing economy.

Weekly jobless applications dropped 12,000 to a seasonally adjusted rate of 260,000, while the four-week average was unchanged at 271,000, the Labor Department said Wednesday.

Job gains picked up pace in October to 271,000, the largest increase this year and a significant pick-up after a late summer slowdown. The jobless rate fell to 5 percent, the lowest level since 2008.

Hail to the Chief we have chosen for the nation. Hail to the Chief! We salute him, one and all. Hail to the Chief, as we pledge cooperation, in proud fulfillment of a great, noble call. Yours is the aim to make this grand country grander. This you will do, that's our strong, firm belief. Hail to the one we selected as commander. Hail to the President! Hail to the Chief!




http://thehill.com/policy/finance/261275-jobless-claims-fell-12000-last-week