Click The Pic
Posted on 04/28/2011 6:49:23 AM PDT by SeekAndFind
New U.S. claims for unemployment benefits surprisingly rose last week to their highest level since January in a sign an anticipated recovery in labor markets may take time, a government report showed on Thursday.
Initial claims for state unemployment benefits jumped 25,000 to a seasonally adjusted 429,000, up from a slightly upwardly revised 404,000 the preceding week, the Labor Department said. Economists polled by Reuters were expecting claims to slip to 392,000 from the previously reported 403,000.
Jobless claims below 400,000 are associated with steady job growth.
The four week moving average, a better measure of underlying trends, climbed to 408,500 from 399,250 in the previous week. It was the highest for the four-week average since February.
The number of people still receiving benefits under regular state programs after an initial week of aid tumbled a more-than-expected 68,000 in the week ended April 16 to 3.64 million, the lowest level since September, 2008. Analysts anticipated a drop in continued claims to 3.68 million.
(Excerpt) Read more at reuters.com ...
Again with the “unexpected”. By this time shouldn’t the unexpected be expected?
“Unexpected”! Everybody drink!
Now it is surprisingly. Change we can believe in. Har Har.
When does Gallup put out the REAL numbers?
In what universe?
As the economy sinks deeper and deeper into recovery.
That's rich. I've heard this line for the last couple of years.
Question is how long are the democrats going to be bound to that political corpse from Hawaii?
Now we're at 400,000.
When the facts don't fit the data, change the facts. Or the data.
chicagotribune.com
Panasonic to cut 17,000 more jobs
Dow Jones Newswires
7:40 AM CDT, April 28, 2011
Panasonic Corp. said Thursday that although it has already cut about 17,600 jobs during the last fiscal year through the end of March, it plans to cut about 17,000 more during the next two years as part of efforts to streamline overlapping operations as it turns two majority-owned units into wholly owned subsidiaries.
Com’n folks, just look around you!!! All sorts of “regular” folks are hurting big time across the country. Black folk unemployment is at record levels, younger Blacks are at 50% unemployed. Gasoline, food prices, utilities, inflation are up and continue rising. The dollar continues to devalue causing more inflation and less value per dollar. It’s simple, POTUS Obama and the Democrat Party are on their way to destroying, first the the USA economy and then....the USA itself. Americans all, and especially American Blacks, wake up!!!
Oh, really... now it's 400K... I remember the same statement pertaining to 350,000 during Bush's administration. Nothing like lowering the bar for a failed TOTUS, eh?
If I remember right, in the past that number was 125,000. Then 250,000. then 300,000. Then 350,000. I just read 375,000 within the past couple of weeks.
Now we’re at 400,000.
When the facts don’t fit the data, change the facts. Or the data.
Exactly... let’s keep lowering the bar for 0bama, MSM.
Yeah, we’re in for another “Summer of Recovery”.
“Unexpected” is expected now.
How about a drink on the word ‘recovery’. Just about every economic ‘news’ article refers to ‘the recovery’ as if we are actually in one.
Unfortunately the black population seems to be directing their anger at local fast food joints than their guy in DC.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.