There are multiple reasons why the jobless claims data fall. The best reason however, is confidence in the economy, which leads to economic growth, which leads to fewer jobless claims being filed. The number of unemployed workers applying for jobless…
After two months of reporting weak job growth, the Bureau of Labor Statistics said Friday that, seasonally adjusted, 162,000 new private jobs were created in February. Government at all levels hired 13,000. The official unemployment rate—which BLS calls U3 and…
Last time we checked, the unemployment rate fell to 7.7%, the lowest jobless rate since December of 2008. And now, first time jobless claims are also falling. First-time jobless claims fell by 10,000 to 332,000 in the week ended March…
Don’t look! This is something Republicans don’t want you to know. As far as they’re concerned, things are worse now under Obama than they were under Bush. But as usual, the facts say something completely different. First-time claims for unemployment…
