U.S. Jobless Claims Total 359,000 in Latest Week

News Flash:

The number of Americans who filed requests for jobless benefits fell by 5,000 last week to a seasonally adjusted 359,000. Claims normally range from 300,000 to 400,000 when the economy is growing. So it will be joyously reported as down this week before it is quietly revised up next week?

Gas prices are going up at an incredible pace and the Labor department expects us to believe that employers are hiring? Give me a break! If they are hiring, are the jobs essentially the ones that have employees wearing name tags?

More at http://www.marketwatch.com

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