Thu Sep 6, 2012, 09:34 AM
highplainsdem (11,110 posts)
Reports: Jobs, Unemployment Show Signs Of Improvement In August
The jobs market may be showing serious signs of improvement, in new statistics out Thursday morning.
The Department of Labor said that unemployment applications fell last week by 12,000, down to a seasonally adjusted 365,000. According to the Associated Press, a consistent number below 375,000 is seen as the number that suggests hiring is strong enough to lower the unemployment rate.
In addition, the ADP National Employment Report announced that employers added an estimated 201,000 private-sector jobs in August, according to Reuters, far surpassing the original expectation of 140,000.
Read more: http://livewire.talkingpointsmemo.com/entry/reports-jobs-unemployment-show-signs-of-improvement-in
From that AP story:
WASHINGTON (AP) -- Fewer Americans applied for unemployment benefits last week, and a private survey showed businesses stepped up hiring in August. The data sketched a brighter outlook for the job market one day before the government reports on August employment.
(Reuters) - Private employers added a stronger-than-expected 201,000 jobs in August and new claims for jobless benefits fell last week to the lowest level in a month, upbeat signals for a struggling labor market.
This has been good enough news that the stock market is up this morning, according to what I just heard on MSNBC.
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Reports: Jobs, Unemployment Show Signs Of Improvement In August (Original post)
|mountain grammy||Sep 2012||#3|
Response to highplainsdem (Original post)
Thu Sep 6, 2012, 09:46 AM
mountain grammy (1,604 posts)
3. What's good for the country is bad for Republicons.
Together, we will survive, divided we are Fox News: Rich people telling working people that other working people are their enemy!