May 20 (Bloomberg) -- More Americans unexpectedly filed applications for unemployment benefits last week, showing firings remain elevated even as employment climbs.
Initial jobless claims rose by 25,000 to 471,000 in the week ended May 15, exceeding the median forecast of economists surveyed by Bloomberg News and the highest level in a month, Labor Department figures showed today in Washington. The number of people receiving unemployment insurance and those getting extended payments fell.
Interesting how the numbers are always unexpected.
Oddly enough, there are a few good opportunities to start a small business in this economy. For example, the newly enacted Health Care reform law, instantly created 30 million new patients. Those patients are going to need Medical Billing support. Medical Billing is one of ten new small business start ups included in my new eBook you can download free here.
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