Applications for US jobless aid fall to nearly 15-year low

[question everything]

Source: Yahoo (AP)

The number of people seeking unemployment benefits fell last week, evidence that layoffs remain at unusually low levels and the job market is moving closer to full health.

Weekly applications for jobless aid dropped 12,000 to a seasonally adjusted 267,000, the Labor Department said Thursday, near 15-year lows reached two months ago. The four-week average, a less volatile measure, declined 2,000 to 276,750.

The figures suggest that Americans are enjoying solid job security. Applications, a proxy for layoffs, have remained below 300,000, a historically low level, for 15 weeks. The trend indicates that employers are confident enough in future consumer demand to retain their staffs.

The number of people receiving benefits fell 50,000 to 2.22 million. That figure has fallen 14 percent in the past year.

Employers have also hired at healthy levels in recent months. They added 280,000 jobs in May, a strong showing. Last year's monthly average of 263,667 was the most in 15 years.


Read more: http://finance.yahoo.com/news/applications-us-jobless-aid-fall-123626272.html

[JoePhilly]

1. Thanks Obama!!

[Fred Sanders]

2. Good news is no longer fit to print, only clowns and liars, charlatans and cheats get the ink.

Remember when the economy was bad and that was all there was to cover? Suddenly, as job growth is the best in 15 years, annualized, the media has resorted to foreign policy as the being much more important.....wake up America, your bad news bears news media is not news, it is corporate generated, corporate friendly, anti-progresisive propaganda based on pure greed and self interest fed to you as cheaply and profitably as they feed you pink slime.

For the anti-TPP folks complaining about Obama's commitment to labor.....what more commitment do you need than the production of 12 million jobs??

Do you see the army of bastards and clowns and fascists arrayed against him, drooling for occupancy of the WH, completely the Trioka of Power?

You wil be begging on hands and knees for President Obama then, I wager.

You say you want a revolution? We all want to change the world.

[Fred Sanders]

4. Another new ad hominem wielding poster joins my fan club....welcome! If YOU "heard it" I must be wrong!