U.S. jobless claims up modestly, labour market trend improving

Yahoo Finance ^

[Red in Blue PA]

By Lucia Mutikani

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose marginally last week, but the underlying trend suggested the labour market continued to steadily improve.

Initial claims for state unemployment benefits ticked up 1,000 to a seasonally adjusted 326,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 1,000 fewer applications received than previously reported.

[Red in Blue PA]

Jobless claims are up, but the labor market trend is improving.

In other news, war is peace........

[jsanders2001]

Yep. Another faux report from the WH or its subsidiaries.

[ronnie raygun]

All media bullsh## leading up to the state of the union address and the big bullsh###er. You can bet that the Maryland mall shooting will be mentioned as well.

[trebb]

And the market will use this report as a basis to recoup all the losses of last week....

[knarf]

" .. but the underlying trend suggested ..

Just get a fresh cup of coffee ... relax and analyze that statement.

BUT ... everything said before is BS

UNDEERLYING ... y'can't see it, but it's there ... trust me.

TREND ... it's not really tangible ... just sort'a ... like ... trendy ... y'know?

SUGGESTED ... the .. unseen, sort'a trendy suggestion ....

The unseen, not really real suggestion is ....

get it ?

[palmer]

You can bet that the Maryland mall shooting will be mentioned as well.

Speaking of shootings, I wonder if the Wonder will mention the one inch hole of unknown origins in the bottom of the chemical storage tank in WV. The chemical has a health hazard rating of 2: "Temporary or minor injury may occur" on a scale of 0 to 4 but caused widespread health panic in WV and subsequent blaming of the coal industry. All in a day in the war on coal I suppose.

[RedMDer]

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[Flick Lives]

Employers added only 74,000 new jobs to their payrolls in December after creating 241,000 positions the prior month. That was at odds with other employment indicators that suggested a brisk pace of hiring in December. Economists have dismissed the sharp step-back in job growth as a fluke, noting that a cold snap during the month weighed on construction, transportation and utilities payrolls.

It's a fluke that there was a cold snap in December. That's never happened before. Never, ever.

[jmaroneps37]

More 1984 type government propaganda.