The number of Americans filing for jobless benefits rose slightly in the latest week, indicating a labor market that remains in the doldrums. The rate jumped from 8.1 to 8.2
The Labor Department reported that new claims rose a seasonally-adjusted 4,000 to 367,000, while the four-week moving average, considered a more accurate gauge of labor market conditions, was flat at 375,000.
The data came a day after President Barack Obama and former Massachusetts Gov. Mitt Romney squared off in their first debate, which focused mostly on the economy, and a day before the crucial monthly employment report from the government.
The level of jobless claims in the latest week indicates only modest hiring, far below the levels needed to put a dent in the 8.1 percent unemployment rate.
This will become the norm if obama remains in the White House…