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Jobless Claims Unexpectedly Fall 7K
FoxBusiness.com ^ | 3/7/2013 | Reuters

Posted on 03/07/2013 6:24:15 AM PST by mykroar

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting a pick-up in the labor market recovery.

Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000, declining for a second straight week, the Labor Department said on Thursday.

The prior week's claims figure was revised to show 3,000 more applications received than previously reported.

Read more: http://www.foxbusiness.com/economy/2013/03/07/jobless-claims-unexpectedly-fall-7k/#ixzz2MrcIfWML

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: business; jobless; unemployment
The prior week's claims figure was revised to show 3,000 more applications received than previously reported.

The one thing that's as consistent as the sun rising.

Economists say job gains of at least 250,000 per month over a sustained period are needed to significantly dent the ranks of the unemployed. Job growth averaged 200,000 in the last three months.

But yet, this is good news?

According to a Reuters survey of economists, employers probably added 160,000 jobs to their payrolls last month...

How do any of these numbers go together?

1 posted on 03/07/2013 6:24:18 AM PST by mykroar
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To: mykroar

Questioning what your government says is not allowed. We told you things are good and getting better, so, that will have to do.


2 posted on 03/07/2013 6:55:43 AM PST by 1raider1
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To: mykroar
Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000

As someone pointed out last week, we're in the second week in March already. Exactly what season are they still adjusting for?

3 posted on 03/07/2013 3:53:07 PM PST by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: TwelveOfTwenty
As someone pointed out last week, we're in the second week in March already. Exactly what season are they still adjusting for?

Post football, pre baseball?

4 posted on 03/07/2013 4:25:20 PM PST by reformed_dem
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