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Jobless Claims in U.S. Climb as Holiday Hampers Count
More Americans filed claims for unemployment insurance payments last week as holiday closures prevented five states from completing a full count. Applications for jobless benefits increased 10,000 to 354,000 in the week ended May 25, Labor Department figures showed today in Washington. Economists called for 340,000 claims, according to the median forecast in a Bloomberg survey. Two states, Virginia and Wyoming, provided their own estimates last week, and the Labor Department issued projections for Hawaii, Minnesota and Oregon, a government spokesman said. Dismissals have been waning as employers hold on to workers to ... (full story)
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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