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Jobless benefit claims skyrocket in week
UPI ^

Posted on 11/15/2012 10:07:07 AM PST by Arthurio

WASHINGTON, Nov. 15 (UPI) -- The U.S. Labor Department Thursday said first-time jobless benefits claims rose by 78,000 in the week ending Saturday.

Initial claims jumped out of a relatively comfortable 355,000 claims -- the third lowest week since the recession ended in June 2009 -- to 439,000 with the four-week rolling average up 11,750 to 383,750.

The weekly figure has been volatile of late -- rising by 46,000 one week in mid-October, for example, but a one-week jump of 78,000 is a clear setback. First time claims have not been this high since the week of April 30, 2011.

Read more: http://www.upi.com/Business_News/2012/11/15/Jobless-benefit-claims-skyrocket-in-week/UPI-95111352997324/#ixzz2CJdJvYYB

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


TOPICS: News/Current Events
KEYWORDS: jobs; layoffs; obama

1 posted on 11/15/2012 10:07:10 AM PST by Arthurio
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To: Arthurio

Sandy’s fault.


2 posted on 11/15/2012 10:09:02 AM PST by skeeter
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To: Arthurio

Things get darkest just before the total blackout.

And under the Obamadork, you ain’t seen nuttin’ yet.


3 posted on 11/15/2012 10:09:19 AM PST by Da Coyote
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To: skeeter
and of course, all the man hours cleaning, rescuing,draining,washing,rebuilding, re-electrifying,re-plumbing,etc etc didn't create a single job....

there's no lose for this current group of liars and frauds...

4 posted on 11/15/2012 10:10:37 AM PST by cherry
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To: Arthurio

May I be first to say “that was unexpected.”


5 posted on 11/15/2012 10:10:39 AM PST by Clay Moore (The heart of the wise inclines to the right, but the heart of a fool to the left. Ecclesiastes 10:2)
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To: Arthurio

Imagine that! It is as incomprehensible that a young woman protesting her virtue after having come up pregnant, “it must have been from a toilet seat!”....

Does anyone think Reuters, AP, UPI or any of the other alphabet MSMs are so ‘shocked’...

My only comment, if I were black and could say so in public like all black comedians “N-word, please!”


6 posted on 11/15/2012 10:11:17 AM PST by Gaffer
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To: Arthurio

7 posted on 11/15/2012 10:11:43 AM PST by Uncle Miltie (0BAMA CHOSE to watch a MUSLIM SNUFF FILM rather than a HEROIC AMERICAN RESCUE FILM)
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To: Arthurio

We was lied to. Surprise, surprise.


8 posted on 11/15/2012 10:15:08 AM PST by Armaggedon
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To: Uncle Miltie

Pennsylvania and Ohio made up of most cuts per Rush


9 posted on 11/15/2012 10:17:55 AM PST by scooby321 (AMS)
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To: Arthurio

You aint seen nothin yet folks.

This is the Obama nightmare just getting into full swing.


10 posted on 11/15/2012 10:21:41 AM PST by Venturer
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To: Arthurio

“Under my plan of bustin’ a cap in America’s a**, jobless benefit claims would necessarily skyrocket.”

-Ba-Rak


11 posted on 11/15/2012 10:22:44 AM PST by VanDeKoik
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To: Clay Moore

And also “Bush’s fault.”


12 posted on 11/15/2012 10:23:54 AM PST by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: skeeter

Sandy Obama is everywhere wreaking hovoc on the job market!


13 posted on 11/15/2012 10:30:20 AM PST by AngelesCrestHighway
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To: scooby321
Pennsylvania and Ohio made up of most cuts per Rush.

Otter Obama to Flounder Pennsylvania and Ohio: "You f***** up... you trusted us! Hey, make the best of it!"

Mr. niteowl77

14 posted on 11/15/2012 10:30:32 AM PST by niteowl77 (Getting stuck with other peoples' just desserts good and hard for over 50 years.)
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To: skeeter

15 posted on 11/15/2012 10:34:00 AM PST by AngelesCrestHighway
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To: skeeter

Unemployment rate is a survey where people are asked are you looking for work? People who affected by Sandy, yes are not working but they also are not looking for work, but looking for gas and power.


16 posted on 11/15/2012 10:55:31 AM PST by wmp46
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To: Da Coyote
Obamadork... I kind of like that. Good one.

Obviously someone else had the same thought.

I think we're pretty safe starting to reference the Obama administration as the 'Erkel Years'.


17 posted on 11/15/2012 10:56:37 AM PST by DoughtyOne (Hurricane Sandy..., a week later and 48 million Americans still didn't have power.)
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To: AngelesCrestHighway

Not unexpected anymore.


18 posted on 11/15/2012 10:58:02 AM PST by Gasshog
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The good news is, that despite the flurry of layoff announcements, the unemployment rate will surely tick down to 7.0% at the end of November. By the end of Obummers term in 2016, the unemployment rate will be 2%, despite only about 50,000 people actually working full time nationwide.


19 posted on 11/15/2012 11:02:24 AM PST by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Arthurio

Big noisy media vilification campaign against Grrrrrrreeeedy Eeeeeeeeevil Employers who are HOARDING PILES OF CASH commencing in 3......2.......1......


20 posted on 11/15/2012 11:25:21 AM PST by Buckeye McFrog
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To: Arthurio
Say hello to the new recession, same one as the old recession.
21 posted on 11/15/2012 12:29:47 PM PST by hinckley buzzard
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To: skeeter
Sandy’s fault.

I think that's partly true. There were some lower numbers for a week or so because Sandy messed up the reporting. So I'd say maybe half of the increase belongs to the last couple of weeks, and the rest is for this week. Still a 400k week, and not good news.

22 posted on 11/15/2012 12:44:20 PM PST by Pearls Before Swine (Cynical about the political process. Who, me?)
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To: Arthurio

For perspective that’s like laying off 2/3 of the entire population of Alaska.


23 posted on 11/15/2012 12:51:00 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Clay Moore

Did the full article also mention that the “comfortable 355,000 per week” were all revised upward as expected!


24 posted on 11/15/2012 12:58:27 PM PST by shotgun
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