The jobless rate continues to match the historic lows of the first Bush's ONE TERM in office yet we don't see that angle mentioned in this story. Now remember. Summer usually sees an upswing in jobs concerning seasonal employment due to tourism. If jobs aren't traditionally increasing to cope with tourism then that means people aren't going on trips, meaning they are staying home to either save their money OR they don't have any extra to spend. Yet Treasury Secretary Snow says the "economy is poised to take off" due to those coming tax cuts, tax cuts, tax cuts, tax cuts---- Whoops! The record got stuck.

Jobless Claims at Highest Level Since May

By JEANNINE AVERSA, Associated Press Writer

WASHINGTON - More American workers signed up for unemployment benefits last week, fresh evidence that businesses are keeping work forces lean and playing it safe until the economy shows clear signs of improvement.

The Labor Department reported Thursday that for the work week ending July 5, new claims filed for unemployment insurance rose by a seasonally adjusted 5,000 to 439,000, the highest level since the week ending May 31...







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