Applications for US unemployment aid slip to 298K

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  • Schnee Salt Lake City, UT
    Aug. 29, 2014 12:43 p.m.

    "A strong economy would now be showing a more significant drop in unemployment claims."

    Actually we've gained over 200k jobs a month for 6 months in a row, the first time that's happened since the 90s so this is what a strong jobs economy looks like for unemployment numbers. 300,000 unemployment claims a week is pretty good. Remember, unemployment claims are also filed when people get fired and replaced, not just when jobs are completely removed.

  • techpubs Sioux City, IA
    Aug. 29, 2014 9:59 a.m.

    Notice there is no mention of the high percentage of workers who have fallen off the list due to unemployment benefits not having extended. Nor is there any mention of the number of workers in their late 50's to early 60's who have given up on looking for work. Those numbers have grown significantly since 2011.

  • Tators Hyrum, UT
    Aug. 29, 2014 8:22 a.m.

    When you have a base of nearly 300k, then a difference of only 1k is very minimal. Not enough to get excited about in either direction.
    A strong economy would now be showing a more significant drop in unemployment claims. This continues to be the weakest recovery in the history of recession recoveries by every numerical definition.

    Too bad we don't have a national leader who understands the business world and how businesses are encouraged, strengthened and therefore allowed to be in significant hiring modes. Don't blame me... I didn't vote for the guy who has absolutely no business experience and for whom we are now just forced to endure.

  • george of the jungle goshen, UT
    Aug. 29, 2014 1:05 a.m.

    I kinda think that benefits ran out,if any one did hire is because of the 30 hour week not to give insurance.