Jobless Claims Rise by 6,000

[ozymandius]

WASHINGTON - The number of newly laid off Americans filing applications for unemployment benefits rose slightly last week but still remained at levels indicating a strong labor market.

The Labor Department reported Thursday that applications for unemployment benefits totaled 316,000 last week, a gain of 6,000 from the previous week.

That increase was above the 2,000-person rise that economists had expected, but the level of laid-off workers remained well within the range that signals the labor market is continuing to improve.

Employers created 207,000 new jobs last month, the best showing in three months, helping to keep the unemployment rate at a low level of 5 percent.

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[Bush_Eats_Beef]

1. "The economy is STRONG, and gettin' STRONGER!"

I posted a story on DU the other day from the San Jose Mercury News. It was about 11,000 applicants showing up to apply for 400 jobs at WalMart in Oakland.

Indeed...employers ARE creating jobs.

:grr:

[DrZeeLit]

2. Oh, we're turnin' that corner, now...burnin' rubber on the turn! n/t

[Maccagirl]

3. Make that 6001.

I've been (cough) "resting" at home for 2 weeks after been "displaced" (the company left me under the cafeteria table by mistake). I had plenty of company at the temporary office last week. Lets hear it for the "stong...getting stronger economy." BTW, for all of you who aren't zillionaires by the age of 25-get a job you losers!
<sarcasm off>