Slightly more people apply for jobless benefits

Started by walkstall, November 18, 2010, 07:30:51 AM

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walkstall

"The number of people continuing to claim unemployment aid fell by 48,000"
Of the above number, what number can no long claim unemployment aid. 
If all is looking great why are they staring to put armed guards claim offices?




WASHINGTON — The number of people applying for unemployment benefits rose slightly last week, offering some hope that the job market may be improving. But claims need to fall further to bring down the 9.6 percent unemployment rate.

Initial claims for jobless aid increased by 2,000 to a seasonally adjusted 439,000, the Labor Department said Thursday. Still, claims have fallen below 440,000 in three of the past four weeks and remain near their lowest level in two years.

And the four-week average of claims, a less-volatile measure, fell for the fourth time in five weeks to 443,000. That's the lowest level for the average since September 2008. The average has fallen by almost 20,000, or 4.2 percent, in the past five weeks.

The downward trend in both figures suggests companies are laying off fewer workers and some hiring is taking place. Still, most economists say claims need to drop below 425,000 to signal that rapid hiring is taking place.

The weekly jobless claims figures provide a real-time snapshot of the job market. They closely track layoffs, which have dropped steadily in the past year, and indicate whether companies are hiring.

The number of people continuing to claim unemployment aid fell by 48,000 to just under 4.3 million for the week ending Nov. 6, the department said. But that doesn't include millions of additional people on extended unemployment programs that were set up during the recession.


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A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar


Were in a depression!
This is nothing but a 1930s bread line, Hussein style.
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walkstall

Quote from: Solar on November 18, 2010, 08:53:56 AM
Were in a depression!
This is nothing but a 1930s bread line, Hussein style.

And not getting one thing for it.  The Great Depression CCC we got some work done for the money going out. 
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

Quote from: walkstall on November 18, 2010, 09:04:41 AM
And not getting one thing for it.  The Great Depression CCC we got some work done for the money going out.
Thats true, at least they had the WPA, every creek here in the Sierra has a WPA bridge across it.
I've found bridges in the forest that don't even have a creek, but at least they were working. ;D
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AmericanFlyer

Quote from: walkstall on November 18, 2010, 07:30:51 AM

WASHINGTON — The number of people applying for unemployment benefits rose slightly last week, offering some hope that the job market may be improving. But claims need to fall further to bring down the 9.6 percent unemployment rate.

Initial claims for jobless aid increased by 2,000 to a seasonally adjusted 439,000, the Labor Department said Thursday. Still, claims have fallen below 440,000 in three of the past four weeks and remain near their lowest level in two years.

And the four-week average of claims, a less-volatile measure, fell for the fourth time in five weeks to 443,000. That's the lowest level for the average since September 2008. The average has fallen by almost 20,000, or 4.2 percent, in the past five weeks.

The downward trend in both figures suggests companies are laying off fewer workers and some hiring is taking place. Still, most economists say claims need to drop below 425,000 to signal that rapid hiring is taking place.

The weekly jobless claims figures provide a real-time snapshot of the job market. They closely track layoffs, which have dropped steadily in the past year, and indicate whether companies are hiring.

The number of people continuing to claim unemployment aid fell by 48,000 to just under 4.3 million for the week ending Nov. 6, the department said. But that doesn't include millions of additional people on extended unemployment programs that were set up during the recession.

This is a PERFECT example of the government propaganda that tries to convince us that 439,000 INITIAL jobless claims last week is a GOOD thing.  The first sentence says it all, and makes absolutely NO sense to those of us with functioning brains. 

"The number of people applying for unemployment benefits rose slightly last week, offering some hope that the job market may be improving."  HUH?  What the HELL does that mean?  A RISE in initial unemployment applications means that the job market may be improving?   :)) :)) :))

Oh, I get it.  It's the wack job liberal "new math".  Less is more, and more is less.  Bad is good, and good is bad.

The MSM are a bunch of sock puppets and morons.  They continually INSULT us with their twisted logic, their lies, and their ovewhelming need to be Democrat Party prostitutes.

walkstall

Quote from: AmericanFlyer on November 18, 2010, 10:34:15 AM
This is a PERFECT example of the government propaganda that tries to convince us that 439,000 INITIAL jobless claims last week is a GOOD thing.  The first sentence says it all, and makes absolutely NO sense to those of us with functioning brains. 

"The number of people applying for unemployment benefits rose slightly last week, offering some hope that the job market may be improving."  HUH?  What the HELL does that mean?  A RISE in initial unemployment applications means that the job market may be improving?   :)) :)) :))


Oh, I get it.  It's the wack job liberal "new math".  Less is more, and more is less.  Bad is good, and good is bad.

The MSM are a bunch of sock puppets and morons.  They continually INSULT us with their twisted logic, their lies, and their ovewhelming need to be Democrat Party prostitutes.

Now you know the  Democrats and Democrat Party need to feel good all over.   :(

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

AmericanFlyer

Walkstall, the problem with these government statistics is that MILLIONS of people really BELIEVE this garbage, and they are being led over the cliff with the rest of the naive and ignorant masses.

Solar

Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."