US Jobless claims plunge to lowest in nearly six years

[spanone]

The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market.

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 326,000, the lowest level since January 2008, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 more applications received than previously reported.

Economists polled by Reuters had expected first-time applications to rise to 345,000 last week.

While claims are extremely volatile in July because of summer auto plant shutdowns, the general tone of the report remained consistent with a pick-up in job gains.

http://www.cnbc.com/id/100931203

[AlinPA]

1. Fox "news" reported a gain! They are saying "likely to rise" to 345K. Assholes.

link : http://www.foxbusiness.com/markets/2013/08/01/coming-up-us-weekly-jobless-claims/

[spanone]

3. faux has nothing to do with 'news'. they are a political arm of the gop

[Kingofalldems]

2. Kick and rec for internet Ayn Rand fans