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Labor Department reports small hike in jobless claims
Jobless claims show minor increase to 291,000.
The Labor Department reported today that Americans are filing more unemployment benefit claims, totaling 291,000. However, the total is still below the recent average.
Weekly claims for unemployment insurance serve as a stand-in for layoffs and if the number is decreasing, it’s a gauge for the labor market’s improving condition. Since the recession, unemployment claims have fallen – averaging 417,000 a week in 2008 compared with 308,500 a week last year.
Read more here.
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About the Author
Nick Powills
FollowNick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.
