Nothing To Do, Nowhere To Go 0
No surprise here, as teabaggery takes it toll.
(snip)
The partial government shutdown this month trimmed 0.25 percentage point from fourth-quarter economic growth and cost the U.S. 120,000 jobs in October, Jason Furman, head of the Council of Economic Advisers, said at a White House briefing earlier this week.
Economists’ estimates in the Bloomberg survey for jobless claims ranged from 320,000 to 365,000 after the prior week’s previously reported 358,000. Applications surged in prior weeks as California worked through a backlog caused by a switch in computer systems.
The four-week average of claims, a less volatile measure than the weekly figures, increased to 348,250 last week from 337,500. No states were estimated last week.
