From Bloomberg.com:
"More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is making little progress.
Jobless claims were unchanged at 370,000 in the week ended May 12, Labor Department figures showed today in Washington..."
"The number of people continuing to receive jobless benefits rose by 18,000 in the week ended May 5 to 3.27 million. The continuing claims figure does not include the number of Americans receiving extended benefits under federal programs.
Those who’ve used up their traditional benefits and are now collecting emergency and extended payments decreased by about 68,000 to 2.97 million in the week ended April 28...."
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NOTE: Over 6 million people collect one or another form of unemployment.
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Link: http://www.bloomberg.com/news/2012-05-17/jobless-claims-in-u-s-were-unchanged-at-370-000-last-week.html
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