....wait for the adjustment
Whether Dems believe it It not, most Company’s are not Scrooge at this point in the year. A lot of Layoffs will hold off until the new year, add the letting go of the Holiday help. Feb will be bad.
This must be pre-Citibank - 11,000.
(((YAWN))) Anybody actually believe this stuff anymore?
“That’s the third straight decline .”
“The average of new claims over the past month, meanwhile, edged up by 2,250 to 408,000.”
Hmmm
Seasonal hiring. Wait for February.
U.S. Winds Down Longer Benefits for the Unemployed
New York Times
Check out the seasonal adjustment: -128,000. By contrast, Not Seasonally Adjusted Initial Claims increased by 139,678 - the highest since last January to 498,619. More fun with numbers from your pals at the Bureau of Lying with Statistics.
Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.
http://www.gallup.com/poll/159104/unadjusted-unemployment-shoots-back.aspx
CA....
I’m one of those people who won’t be filing unemployment this coming Sunday. I’m thankful to be working but like far too many people, I’m making much, much less, with no benefits, than I was making at my last job. This government is a fraud. God help us.
Sure. The hiring for the Christma season accounts for that.
Wait until people are done with their returns, around the second week of Jan when all the the college kids are going back to school.
With the 359K number removed from the workforce— this is how you get a drop in the RATE of unemployment to the oh boy! 7.7% tout by govt.. The ACTUAL number of total unemployed is extremely large.
Excellent commentary at zero hedge with graphics. The 24-54 group has lost the most (that 359K number)— and perhaps the younger-most of them voted for obamao. Of interest is that the older group 55-69 increased 177K (employers are willing to risk experienced people who are not generational whiners— my opinion).
Zero hedge: http://www.zerohedge.com/news/2012-12-07/chart-day-jobs-additions-age-group-reveals-scariest-picture