Posted on 11/23/2011 8:05:59 AM PST by edpc
WASHINGTON (AP) -- The number of Americans seeking unemployment benefits ticked up slightly last week after two months of steady declines.
But the increase isn't enough to reverse the downward trend. The four-week average of applications, a less volatile measure, fell to its lowest level since April. The decline in the average signals that companies are laying off fewer workers.
Weekly applications for unemployment aid rose 2,000 to a seasonally adjusted 393,000, the Labor Department said Wednesday. It's the second increase in six weeks. The four-week average fell to 394,250. That's the eighth drop in the past nine weeks.
(Excerpt) Read more at finance.yahoo.com ...
/s
If Bush were President the headline would read "Significantly more."
Slightly more, yeah tell that to the slightly more filling claims. Oh it’s just a few more join the crowd don’t sweat it Barry’s gonna pay your mortgage and your car payment.
Going into the holiday season, and we are seeing an uptick in unemployment? Not good...
Not to worry, we’ll all be blitheringly happy next week for a “much smaller” number without realizing that it’s a three-day week.
When the unemployment claims drop by the smallest amount:
Employment Jumps! Economy Turns Corner!When new unemployment claims rise by any amount:
Slightly More In US Seek Unemployment Benefits
....after claims for W/E 11/12 were revised upward by 3K from 288K to 391K.
lol...more like “Skyrocketed”, or “Spiked”...
“Going into the holiday season, and we are seeing an uptick in unemployment? Not good...”
Just a few weeks ago the MMS mediots huffed and puffed about the increase in job, most were related to the holidays.
Now we are seeing “Slightly More unemployed”
Was that bs, and the economy again strikes down the left wing bs?
Or has all of the occupy scumbaggers convinced merchants in the besieged cities not to hire extra people.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.