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<blockquote data-quote="Lue C Fur" data-source="post: 834597" data-attributes="member: 25159"><p><strong>Re: Obamanomics</strong></p><p></p><p><strong>Unemployment Applications Hit 8-Month High</strong></p><p> </p><p>WASHINGTON (AP) -- The number of people applying for unemployment benefits surged last week to the highest level in eight months, a troubling sign a day ahead of the government's report on April employment.</p><p>The Labor Department said Thursday that applications rose 43,000 to 474,000 in the week ended April 30, the third increase in four weeks. The four-week average, a less volatile measure, rose for the fourth straight week to 431,250.</p><p></p><p></p><p>Read more: <a href="http://www.foxnews.com/politics/2011/05/05/unemployment-applications-hit-8-month-high/#ixzz1LV8B5kCB" target="_blank">http://www.foxnews.com/politics/2011/05/05/unemployment-applications-hit-8-month-high/#ixzz1LV8B5kCB</a></p></blockquote><p></p>
[QUOTE="Lue C Fur, post: 834597, member: 25159"] [b]Re: Obamanomics[/b] [B]Unemployment Applications Hit 8-Month High[/B] WASHINGTON (AP) -- The number of people applying for unemployment benefits surged last week to the highest level in eight months, a troubling sign a day ahead of the government's report on April employment. The Labor Department said Thursday that applications rose 43,000 to 474,000 in the week ended April 30, the third increase in four weeks. The four-week average, a less volatile measure, rose for the fourth straight week to 431,250. Read more: [URL]http://www.foxnews.com/politics/2011/05/05/unemployment-applications-hit-8-month-high/#ixzz1LV8B5kCB[/URL] [/QUOTE]
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