Posted on 05/08/2014 6:33:44 AM PDT by SeekAndFind
The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating the labor market was strengthening despite a run-up in applications in prior weeks.
Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 319,000 for the week ended May 3, the Labor Department said on Thursday. The decline snapped three straight weeks of increases.
Claims for the week ended April 26 were revised to show 1,000 more applications received than previously reported.
(Excerpt) Read more at reuters.com ...
Does anyone, outside of the ‘media’, really believe this government garbage anymore?
I am so sick of “seanally adjusted” nonsense. What we need is the raw data and let everyone be able to think for themselves what it means.
Yeah, our low information friends. Go to lefty leaning sites and read their blogs on any economic issue to see the colossal ignorance on their side. They eat these government figures up and treat them as gospel.
Nobody’s working anyway; so why would anyone new sign up for unemployment? All the takers are already on the dole.
I wouldn’t believe the federal government if they told us the sun would rise in the east.
Wait two weeks for the number to be adjusted upward, once again!
So historical lows in labor force participation mean the labor market is strengthening??
RE: So historical lows in labor force participation mean the labor market is strengthening??
The labor force participation rate has been UNDER-EMPHASIZED for the past 4 1/2 years and virtually IGNORED.
Good Morning America, ABC, has item on this mornings ‘crawl’.
Says the unemployment claims dropped 1 day after Janet Yellen announced new Fed policies.!!!!
How stupid can they be?
Those ‘claims’ numbers are from LAST WEEK’S claims activities.
How much a year do such people get paid at ABC???
“unexpected.”
Drink up.
My liver just can’t take anymore Obama drinking games. I haven’t been sober since 2008.
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