A little worse:
Initial jobless claims rose 38,000 in the week ended Jan. 26, the most since Nov. 10, to 368,000, the Labor Department reported today in Washington. Economists forecast 350,000 filings, according to the Bloomberg survey median. The increase followed a combined 45,000 drop in the prior two weeks.
The number of people who continue to collect jobless benefits climbed by 22,000 to 3.2 million in the week ended Jan. 19. The continuing claims figure does not include workers receiving extended benefits from the federal government.
Those who’ve exhausted their traditional benefits and now are collecting emergency and extended payments jumped by about 418,000 to 2.11 million in the week ended Jan. 12.
Just wait till Republican sequestration sets in, if it does. Then you’ll see jobless claims.
On second thought, sequestering Republicans might not be such a bad id–oh, never mind.
Self-sequestration! That’s the ticket!
Via Bob Cesca. Follow the link for more.