Thursday, September 5, 2013

Applications for U.S. Jobless Aid Near 5-Year Low


http://www.usnews.com/news/business/articles/2013/09/05/applications-for-us-jobless-aid-near-a-5-year-low

Article PhotoWASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 9,000 last week to a seasonally adjusted 323,000, near the lowest level since June 2008. The figure shows that employers are laying off fewer and fewer workers.
The Labor Department says weekly applications are just 1,000 above a five-year low reached last month. The four week average, a less volatile measure, declined 3,000 to 328,500. That's the lowest point since October 2007.
will republicans race to say the number dropped because most have given up  on unemployment benefits, why not no more ridiculous then the other things they say.
The data come a day before the department will release the August jobs report. Economists expect it to show employers added 177,000 jobs, up from 162,000 in July. The unemployment rate is expected to remain 7.4 percent.
no matter how they spin it it still beats the hell out of hemorrhaging 750,000 jobs a month under republican rule.