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Home Front Economy
New jobless numbers at very low levels
2006-06-15
June 15, 2006: 8:37 AM EDT

WASHINGTON (Reuters) - The number of U.S. workers claiming an initial week of jobless claims unexpectedly fell by 8,000 last week to the lowest level in nearly four months, a government report showed Thursday.

First-time claims for state unemployment insurance benefits fell to a seasonally adjusted 295,000 [this level is close to the 'labor shortage' button] for the week ended June 10 from an upwardly revised 303,000 claims in the previous week, the Labor Department said.

Despite this, we learn from this site:

http://tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html#demand

that gasoline consumption is below last years


Posted by:mhw

#3  The jobless rate has got to jump next month. I mean the whole Get Rove industry is kaput and this has to throw tens of hundreds of LLL m0ob@+5 out of a job. But then they probably were not counted in the employment statistics. I mean how employed can someone be if they live in their parents garage, collect cans for money, and spend all day blogging at the Library?
Posted by: Cyber Sarge   2006-06-15 12:33  

#2  Looks like Dan Rathers' gonna be in those numbers!!!! AHAHAHAAAAAHAH!!!!!!!!
Posted by: ARMYGUY   2006-06-15 12:24  

#1  I blame Bush.
Posted by: bigjim-ky   2006-06-15 11:04  

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