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Jobless claims edge unexpectedly higher
Yahoo/Reuters ^ | Apr 3, 2014, | Lucia Mutikani

Posted on 04/03/2014 6:53:21 AM PDT by xzins

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend continued to point to some strength in the labor market.

Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 326,000, the Labor Department said on Thursday. Economists had forecast first-time filings for jobless aid rising to 317,000 in the week ended March 29.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: obamanomics; unemployment; unexpected
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1 posted on 04/03/2014 6:53:22 AM PDT by xzins
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To: All

Certainly not the best.

The economy sputters and all economic numbers are lies.

Any happy face on these numbers by talking heads is based on fake numbers and formulas put together by politicians


2 posted on 04/03/2014 6:55:11 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

Why is it surprising that the number of people who get out and file for jobless claims increases when the weather improves?


3 posted on 04/03/2014 6:56:19 AM PDT by grania
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To: xzins

Yep. When you add in the cooked books and the fact that the number is low because it doesn’t count working age people who have given up looking for work, the number is truly depressing.


4 posted on 04/03/2014 6:57:56 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: xzins

There’s that ‘U’ word again.


5 posted on 04/03/2014 6:58:20 AM PDT by duckman (I'm part of the group pulling the wagon!)
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To: xzins
Each week unemployment unexpecidly rises while Gallop say job creation reaches a 6 year high. I think these people are high.
6 posted on 04/03/2014 6:59:43 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: mountainlion
And the stockmarket continues to maintain it's 16k level...
and there's no inflation.

Some people think they'll be able to keep these balls in the air forever...

7 posted on 04/03/2014 7:01:57 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: xzins

Our economy is in the pits because we have exported far too many America jobs.

We import everything.

Mostly we import from China. We sent millions of American jobs to China.

Now no Americans are building the things we buy. They are going on unemployment, and Chinese workers are building most of the things we buy here in America.

This is an economic catastrophe, and a big problem as China grows ever stronger.

We need jobs. Here.

Bring back American factories.


8 posted on 04/03/2014 7:02:45 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: MrB
With 0bama giving the stock market people $58B a month the bubble will continue until 0 decides to pull the plug and kill the economy.
9 posted on 04/03/2014 7:04:02 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: xzins
There is one area in which America still leads.

That is, the use of the word 'unexpectedly' in financial headlines covering bad news.

10 posted on 04/03/2014 7:04:06 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Opinionated Blowhard

Just knowing that a part time job is considered just as employed as a full time job is just about all you really need to know about these numbers.

Just knowing that “unemployed but not looking for a job” is NOT counted as unemployed is case closed — you know all you need to know about these numbers.


11 posted on 04/03/2014 7:05:33 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

After five years of Obama and his dismal job creation month after month, how can another raise in unemployment claims honestly be called “more than expected”?


12 posted on 04/03/2014 7:07:31 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: xzins

You would think after 6 years of this that they would stop being surprised at bad news. I expected it. I’m sure most people expected it. I expect the same unexpected result next month. I’ll be surprised if it improves.


13 posted on 04/03/2014 7:08:42 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: Lazamataz
There is one area in which America still leads.
That is, the use of the word 'unexpectedly' in financial headlines covering bad news.

More precisely that would be:

"the use of the word 'unexpectedly' in financial headlines covering bad news PERTAINING TO BARACK OBAMA."


14 posted on 04/03/2014 7:11:28 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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Comment #15 Removed by Moderator

To: P-Marlowe
I expect the same unexpected result next month. I’ll be surprised if it improves.


16 posted on 04/03/2014 7:18:14 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: xzins

Nobody is in before “unexpectedly”.


17 posted on 04/03/2014 7:19:45 AM PDT by Uncle Miltie (Mohammed was a pedophile and Islam is a Totalitarian Death Cult.)
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To: mountainlion

Thing is, job creation could be at a high, but so is the population. Using small numbers, I see what is happening this way:

In the past, 100 people would enter the workforce via age, graduation, whatever. At the same time 95 to 105 jobs were created. This means that the number of jobs continually goes up, and the number of people entering the workforce goes up by about the same amount.

Now we have a situation where we have “more jobs than ever”, but we also have “more people than ever”, and at a rate growing faster than the number of jobs. e.g. now when 100 people enter the workforce, only 60 jobs are created.

You can’t do that for very long before the concept of compounding really destroys the culture - and in the process, the country.

We are actually watching it play out not just in the US, but in the entire civilized world.


18 posted on 04/03/2014 7:19:58 AM PDT by cuban leaf
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To: xzins

If they used factual data then “unexpected” would never be a factor.


19 posted on 04/03/2014 7:24:44 AM PDT by maddog55 (I'd be Pro-Choice if we could abort liberals.)
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To: xzins

“Unexpected” this should be the default theme of the omama administration. If it isn’t already.
Its certainly what rat journalists keep using.


20 posted on 04/03/2014 7:27:46 AM PDT by vpintheak (I will not comply!)
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