[mykroar]

suggest a low rate of layoffs in the economy.

Noone left to layoff.

[EagleUSA]

Make sure to include the jobless that are no longer looking for employment. (That will be the day since that will give you a much more ACCURATE figure of unemployment). Where are we really now -— about 8% or so??

[Red Badger]

....economists predict a solid 213,000 increase in August.

We'll see...............

[MuttTheHoople]

Unexpected

[Steven Scharf]

While the media focuses on this volitle weekly number, the more important number is the contiuing clims which this article noted at the end.

“Meanwhile, continuing jobless claims fell by 9,000 to 2.26 million in the week ended Aug. 22. These claims, reported with a two-week lag, reflect the number of people already receiving unemployment checks.”

The DOJ press release that the article is based on notes this:

“The total number of people claiming benefits in all programs for the week ending August 15 was 2,210,203, an increase of 3,050 from the previous week. There were 2,457,641 persons claiming benefits in all programs in the comparable week in 2014.

No state was triggered “on” the Extended Benefits program during the week ending August 15.”

I think that continuing claims being down by 200,000 year to year is a far bigger story.