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Applications for US unemployment aid tick higher to 254,000
Associated Press ^ | Sep 29, 2016 8:47 AM EDT | Christopher S. Rugaber

Posted on 09/29/2016 6:41:49 AM PDT by Olog-hai

More Americans sought unemployment benefits last week but the number of applications remained low, the latest sign that layoffs are scarce. […]

The Labor Department said Thursday that weekly applications for jobless aid rose 3,000 to a seasonally adjusted 254,000. The four-week average, a less volatile measure, ticked down to 256,000, matching a 43-year low first reached in April. […]

The economy is expanding, though at a sluggish pace, growing just 1.4 percent in the April-June quarter, according to a separate government report Thursday. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Government
KEYWORDS: obama; unemployment
They really are desperate to sound positive.
1 posted on 09/29/2016 6:41:49 AM PDT by Olog-hai
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To: Olog-hai

We live in an age of lies. In any most any other time, the party responsible for 8 years of economic malaise would be punished at the ballot box.


2 posted on 09/29/2016 6:46:03 AM PDT by KC_Conspirator
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To: KC_Conspirator

Given the reality of one-party rule, how does one do that now?


3 posted on 09/29/2016 6:47:21 AM PDT by Olog-hai
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To: Olog-hai

http://bea.gov/newsreleases/national/GDP/GDPnewsrelease.htm
and no one is celebrating 1.4% GDP?
a $616B deficit gets us this? Prepare accordingly.


4 posted on 09/29/2016 7:01:55 AM PDT by griswold3
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To: KC_Conspirator
We live in an age of lies. In any most any other time, the party responsible for 8 years of economic malaise would be punished at the ballot box.

....and when Trump takes office, the economic reports will be all doom and gloom.

5 posted on 09/29/2016 7:36:46 AM PDT by Right Brother
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To: Right Brother
I hope your prediction comes true. I really do.

Because it would then be a good time to buy.

6 posted on 09/29/2016 7:39:32 AM PDT by KC_Conspirator
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