My Bush Boom Stumbles

From Holden:

Must be all those layoffs in the auto industry.

The number of Americans filing new claims for unemployment benefits rose to the highest level since early March, the government reported Thursday.

The Labor Department said that 315,000 newly laid off workers applied for jobless benefits last week, an increase of 11,000 from the previous week. The claims total was the highest since 319,000 laid off workers applied for benefits the week ending March 11.

Private economists had been forecasting a much smaller rise of around 2,000 applications last week.