The number of Americans filing for unemployment benefits leapt to the highest level in four months in the latest week, erasing the large drop reported last week and then some.
The Labor Department reported Thursday that initial claims, a notoriously volatile data point that is subject to large swings due to technical factors, rose a seasonally-adjusted 46,000 to 388,000. The four-week moving average, which smooths out wrinkles in the data, rose 750 to 365,500. Both data points remain below 400,000, suggesting that the labor market is healing, although at a snail's pace
Seems like Nobama is gonna take a hit from this...really bad timing. I feel sorry for anybody without a job that wants one, but hopefully, God willing, we will see a surge in economics after the election. Go MITT ROMNEY!!
The Labor Department reported Thursday that initial claims, a notoriously volatile data point that is subject to large swings due to technical factors, rose a seasonally-adjusted 46,000 to 388,000. The four-week moving average, which smooths out wrinkles in the data, rose 750 to 365,500. Both data points remain below 400,000, suggesting that the labor market is healing, although at a snail's pace
Seems like Nobama is gonna take a hit from this...really bad timing. I feel sorry for anybody without a job that wants one, but hopefully, God willing, we will see a surge in economics after the election. Go MITT ROMNEY!!
