We don't usually talk too much about weekly jobless claims. They jump around a lot and it can be dangerous to read too much into them. But they caught our eye this morning. Nearly 480,000 people filed for unemployment benefits last week — that's the highest level since April. Stacey Vanek Smith reports.
Democrats have eked out a victory on a bill that would send $26 billion in aid to the states and fund the jobs of 300,000 teachers, cops, firefighters and health care workers.
Analysts say Congress's extension of unemployment benefits will have an impact on local communities, as those who receive the checks will likely spend them immediately.
The high youth unemployment means competition for summer temp jobs at resorts and amusement parks is fierce — and it also leaves many teenagers without valuable work experience.
