Got that?(Reuters) - The number of Americans filing new claims for unemployment benefits rose only slightly last week after a big drop the week before, keeping in place a trend that suggested a mild improvement in the labor market.
The number of Americans filing new claims for unemployment benefits rose, but it's GOOD news presumably because the rise was only slight. It must be extremely exhausting to have to innovatively come up with a positive spin on a weekly basis to protect the President.
Here's the dope. Jobless claims went UP. End of story. It's not good news.
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