Jobless Claims Rise Again…

The number of Americans filing applications for unemployment benefits climbed last week to a one-month high, showing little progress in the labor market.

Jobless claims rose by 4,000 for a second week to reach 372,000 in the period ended Aug. 18, Labor Department figures showed today in Washington.

Yelena Shulyatyeva, a U.S. economist at BNP Paribas in New York, said before the reported, “It’s still very sluggish, and growth itself is implying we should not see any acceleration in hiring at this point.”

Unemployment has been above 8 percent since February 2009 – - the longest stretch in the post-World War II era.

Today’s report showed the number of people continuing to receive jobless benefits climbed by 4,000 in the week ended Aug. 11 to 3.32 million.

The continuing claims figure does not include the number of Americans receiving extended benefits under federal programs.

Those who’ve used up their traditional benefits and are now collecting emergency and extended payments decreased by about 48,300 to 2.33 million in the week ended Aug. 4.

One comment on “Jobless Claims Rise Again…

  1. Hip Hip Hooray!
    Obama finally does something that is GOOD for America.
    More Unemployment please!!

    Now is not the time to go back to work or to make a major purchase. Employers we NEED you to layoff a few more workers just until the Communist in the Whitehouse is gone. We all have to do our part so don’t buy anything until after the election.

    No new TV’s or no new Cars or Furniture or ect…
    because IF you make those major purchases while a COMMUNIST is still in the Whitehouse you are guilty of conspiring with a COMMUNIST to take over America. So rent a car if you need one. It’s just a couple months.

    It is up to each and everyone of us to do our part to stop COMMUNISM in America.

    Please help save America. File for Unemployment

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