Unemployment Claims Up.......Again

Daily Finance - The number of Americans filing new claims for jobless benefits unexpectedly rose last week, suggesting the labor market is healing too slowly to make much of a dent in the unemployment rate.

Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 372,000, the Labor Department said on Thursday. That was the highest level in five weeks. The data keeps pressure on President Barack Obama ahead of his November re-election bid. His Republican challenger is trying to focus voters' attention on a lofty unemployment rate that has dogged Obama's presidency.
Many economists think the Federal Reserve could unveil a new bond buying program to prop up economic growth as soon as its next meeting Sept 12-13, although an improvement in hiring this month could make that less likely. Read full story here: News New Mexico

Unemployment Claims Up.......Again