Skip to comments.U.S. weekly jobless claims fall 1,000 to 367,000
Posted on 05/10/2012 5:53:50 AM PDT by John W
WASHINGTON (MarketWatch) - The number of Americans who filed requests for jobless benefits fell by a scant 1,000 last week to 367,000, the U.S. Labor Department said Thursday. Claims from two weeks ago were revised up to 368,000 from 365,000. Economists surveyed by MarketWatch had projected claims would total 365,000 on seasonally adjusted basis in the week ended May 5.
(Excerpt) Read more at marketwatch.com ...
Why doesn’t Dear Leader just write an executive diktat stating unemployment is illegal so anyone reporting themselves as unemployed will be jailed and sent to re-education camps.
I suspect the number crunchers must have some idea of what the new numbers are before they “revise” those from the previous week. What was actually a 2K increase morphed into a 1K decrease. Hallelujah!!
...wait....to be readjusted next week as always....
Because the Democrats hired 1000 talk show seminar callers last week?
Dang! Finally the economy is turning around. LOL! What happens when they revise the numbers next week? Oops! There they go again. UNEXPECTEDLY lower? How many times can people believe the “unexpected” claim? Puulleeeezzz!
Helping keep mankind warm for almost 65 years.
Claims two weeks ago: 365k
Claims last week: 367k
An increase of 2k.
Is something wrong with my math?
Is this the second or third “Recovery summer?” I forget.
May be third or fourth.
Last week's 365K number was revised to 368K so that this weeks' 367K claims number could be reported as having "beaten" expectations. Rah. Rah.
Now, when this weeks' number is revised upwards next week (and it will be), today's result will be revealed to have been be a "miss" - but by then, it will be down the memory hole, which is the whole point of the exercise.
The headline excludes a key word: “New”. These are NEW jobless claims.
Noticed that. After various April data were released too many people were doing the “jobs created” vs. “new unemployment claims” math and the results weren’t very supportive of the president. Can’t have that.
How convenient... Last week revised EXEACTLY by the amount it would take to show a loss this week.
Once again, revised numbers last week, so media can report a ‘decline’ this week.
the deception rolls on.
O Must Go
Shellacking part II
Looking beyond this headline, having trouble finding “new” in this week’s headlines on this anywhere. It’s in some articles, but, not all of them either. How dumb do they think people are?
I knew it!!! They revised last week’s up, so they could report the claims dropped.
There aren’t so many people who have a job. So the number who lose jobs necessarily falls.
June 17, 2010
Recovery Summer 2010
Your observation is spot on, Government can’t create jobs, it can only spend money that must first be earned in the private sector.
There are no new ideas, Democrats have avoided the simple economics of improving the private sector and spent the money, wasting the job opportunities that would have been created in the private sector.
Yeah government jobs, non profit jobs( government grants), government contractors ( again from more government funding), all these “Jobs” produce nothing but trillions in more debt which will lead to U.S. collapse.
I hate Owebama and it’s 5 trillion that it piled on top of us (U.S).
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