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Reuters Thinks Big Unemployment Claims Jump Is a 'Rebound'

In case you missed it (which wouldn't be surprising given how quiet the press has been since the related report's release, the Department of Labor reported that initial claims for unemployment rose to a seasonally adjusted 386,000 from a review (up, or course) 352,000 the previous week. An unbylined Reuters report carried at CNBC (HT to an NB tipster) bizarrely described this result as a "
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First-time unemployment benefits rise again, hitting 386,000

US Politics / Liberal : Daily Kos (11 months ago)

(Rachel Maddow Blog) For the week ending June 9, seasonally adjusted initial claims for unemployment insurance benefits rose to 386,000, the Department of Labor reported Thursday. Analysts had expected claims to drop to 375,000 for ... Read Post

Unemployment Aid Applications Increase to 386,000

Business & Finance : The Curious Capitalist (11 months ago)

(WASHINGTON) — More Americans sought unemployment aid last week, suggesting hiring remains sluggish. The Labor Department said Thursday that weekly unemployment benefit applications rose 6,000 to a seasonally adjusted 386,000, an in... Read Post

At AP, Big Jobless Claims Miss Due to 'Seasonal Issues'; Consistent Calcs Would Have Led to Over 400,000 Claims

US Politics / Conservative : NewsBusters (10 months ago)

Todays unemployment claims release from the Department of Labor reported that initial jobless aid applications for the week ended July 14 were 386,000 after seasonal adjustment. Business Insider's email this morning carried a predic... Read Post


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