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From Pine View Farm by Frank Bell is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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Nothing To Do, Nowhere To Go 0

I wonder how much of this includes layoffs in anticipation of the Republican sequestration? They are already in the news here.

Jobless claims increased by 20,000 to 362,000 in the week ended Feb. 16, the Labor Department reported today in Washington. The median forecast of 48 economists surveyed by Bloomberg called for an increase to 355,000. The number of applications in three states and the District of Columbia was estimated because of the holiday-shortened week, a Labor Department spokesman said as the data was released.

(snip)

The less-volatile four-week average climbed to 360,750 from 352,750. The average at the end of October, before the typical swings related to the year-end holidays set in, was 367,250.

Last week corresponded to the period the Labor Department will survey businesses to calculate the payroll data for February. The average last week was little changed from January’s 360,000 for the comparable period.

The number of people continuing to receive jobless benefits rose by 11,000 to 3.15 million in the week ended Feb. 9. The continuing claims figure doesn’t include Americans receiving extended unemployment benefits under federal programs.

Those patriotic Republicans love their America* so much that they are willing to take food out of the mouths of Americans in proof of that love. What a bunch of guys!

_______________
*Their America, the one from 1859, that is.

February 21, 2013 | Posted by: Frank | Posted in: Political Theatre | Bookmark this post

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