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'More Americans unexpectedly filed applications for unemployment benefits last week, indicating companies let go of seasonal workers following the holidays.
Jobless claims climbed by 19,000 to 316,000 in the week ended Jan. 10, the most since early September, from a revised 297,000 in the prior period, a Labor Department report showed today in Washington. The median forecast of 48 economists surveyed by Bloomberg called for 290,000.'
Jobless Claims in U.S. Unexpectedly Climb to Four-Month High - Bloomberg
This is what happens when a Keynesian economy starts slowing the amount of milk available from the government teat.
Jobless claims climbed by 19,000 to 316,000 in the week ended Jan. 10, the most since early September, from a revised 297,000 in the prior period, a Labor Department report showed today in Washington. The median forecast of 48 economists surveyed by Bloomberg called for 290,000.'
Jobless Claims in U.S. Unexpectedly Climb to Four-Month High - Bloomberg
This is what happens when a Keynesian economy starts slowing the amount of milk available from the government teat.