U.S. Jobless Claims Rise

Nov 2014
274
86
Miami
#1
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.

Initial claims for state unemployment aid increased by 17,000 to a seasonally adjusted 298,000 for the week ended Dec. 27, the Labor Department said on Wednesday, after four straight weeks of declines.

U.S. jobless claims rise, but labor market still firming
 

Singularity

Former Staff
Oct 2009
33,046
27,404
Kansas
#2
Probably attributable to how some jobs don't get reported as "seasonal" when they might as well be.

Some employers are probably just irresponsible, they hire people for the holidays and let em go afterward without bothering to tell them that's how it's gonna work.

At this point, you've got Grover Norquist telling Republicans to stop bitching about hard times because it no longer resonates with the voter, and instead try to claim credit for the boom.
 
Sep 2014
5,058
1,572
South FL
#3
It's one week and the week prior was effectively a 5 day holiday event for most, 24th, 25th and 26th will see low volume for obvious reasons, that volume gets pushed into the following week, which, while still a holiday week is less likely to prevent people from filing.
 
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