Jobless Claims Up

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I’m not sure I would call it a healthy economy when many professionals I know have exhausted unemployment benefits and have either given up on full-time employment or accepted roles that pay less.

Healthy economy? Sure, I can find a job at McDonald’s.

Sign. Me. Up.

Jobless Claims Up – Business on The Huffington Post


The number of newly laid off people signing up for jobless benefits went up last week but that didn’t darken the big picture of a mostly healthy employment climate across the country.

The Labor Department reported Thursday that new applications filed for unemployment insurance rose by a seasonally adjusted 2,000 to 318,000 for the week ending June 30. The level of claims was slightly higher than the 315,000 that economists were expecting but nevertheless was in a range that pointed to a sturdy job market — aside from pockets of weakness in construction and other industries still feeling the strain of the yearlong housing slump.

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