GALLUP CONFIRMS YOUR OBSERVATION.
Posted on 01/15/2015 6:59:08 AM PST by John W
The number of Americans filing new claims for unemployment benefits last week increased to the highest level since early September, but the underlying trend continued to point to a strengthening labor market.
Initial claims for state unemployment benefits rose by 19,000 to a seasonally adjusted 316,000 for the week ended Jan. 10, the Labor Department said on Thursday.
Economists polled by Reuters had forecast claims falling to 291,000 last week. The prior week's data was revised to show 3,000 more claims received than previously reported.
(Excerpt) Read more at cnbc.com ...
So what does that take the Labor Participation Rate to?
First time since October this number went above 300,000.
Maybe the retailers let go of a lot of folks after the Thanksgiving-Christmas season...
This is “seasonally adjusted”. It would be very nice to know the real number.
“Maybe the retailers let go of a lot of folks after the Thanksgiving-Christmas season”
I’ve noticed a pattern of small businesses closing their doors after Christmas, for the last few years. Not just letting temps go...but entire businesses are folding their tents.
This is not a good economy.
King Barack has a new plan to reduce jobless rates and unemployment claims.
He wants to put unemployed “YOOTS” in community colleges for “free”.
Once they are classified as students they will no longer be considered unemployed or looking for work.
“He wants to put unemployed “YOOTS” in community colleges for “free”.”
At least at a community college, there is a chance an employable skill will be picked up.
” This is “seasonally adjusted”. It would be very nice to know the real number.”
LOL......good luck with that.
How can you doubt these numbers?
Don't you know they're coming from the MOST TRANSPARENT administration in our country's history?
Yeah, like how to roll a doobie while driving to class.
“Maybe the retailers let go of a lot of folks after the Thanksgiving-Christmas season...”
Like they do every year.
“Yeah, like how to roll a doobie while driving to class. “
Well, here in Colorado that could be an important life skill...hehe
It’s the temporary holiday workers.
U N E X P E C T E D !
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