Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

New Jobless Claims Pass 500,000 to 7-Year High
CNBC ^ | 11/13/2008 | CNBC

Posted on 11/13/2008 5:47:00 AM PST by Red in Blue PA

The number of U.S. workers filing new claims for jobless benefits rose last week to 516,000, the highest level since the weeks following the Sept. 11, 2001 attacks, the Labor Department reported on Thursday.

The figure outstripped forecasts, with analysts polled by Reuters expecting initial claims to be only 484,000. The claims were last at this high a level in the week ended Sept. 29, 2001, when they were 517,000.

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


TOPICS: News/Current Events
KEYWORDS: depression2009; joblessclaims; recession2008; unemployment
Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 11/13/2008 5:47:00 AM PST by Red in Blue PA
[ Post Reply | Private Reply | View Replies]

To: Red in Blue PA
It's a start, but there are still 5 million excess Democratic voters who haven't been fired yet. Get cracking.
2 posted on 11/13/2008 5:48:26 AM PST by JasonC
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
Oh Chosen One, save us, save us!!! Hear our cry oh Chosen One!!! massive sarcasm still on
3 posted on 11/13/2008 5:48:27 AM PST by RetiredArmy (America is entering four very long and cold years. First victim: liberty)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

O baby lets double that with more tax hikes, come on congress your slacking.


4 posted on 11/13/2008 5:51:59 AM PST by bikerman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
Hmmmm ... I imagine it will get a bit higher when those 40,000 postal employees get canned.

We're having fun already, and the 0bama lama ding dong hasn't even been crowned yet.

5 posted on 11/13/2008 5:55:13 AM PST by G.Mason
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
Predictions are unemployment will break the Carter records by the end of 2009 and continue climbing. It's one thing to bail out companies, it's an entirely different creature to force customers to buy anything.

The last time Democrats hosed the housing market, tried to fix the inequities of renting, we got the S&L crisis, remember that? Maybe there are just two classes, those that rent and those that own and nature decreed it that way. I think we should allow only home owners to vote in the future.

6 posted on 11/13/2008 5:56:30 AM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
The actual unemployment has been a lie since the days of clintoon..
7 posted on 11/13/2008 5:58:22 AM PST by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tarpon

I disagree.

We are a mobile world and alot of people move around frequently. It might be more financially solvent for them to rent for a while and then you will be denying them the vote.

I think there should be some sort of criteria to vote, but I’m not sure what that should be.


8 posted on 11/13/2008 5:59:36 AM PST by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
[ Post Reply | Private Reply | To 6 | View Replies]

To: Red in Blue PA
So here is a quiz to see if you are ready to be a congressman.

In response to the high level of jobless claims, congress should:

a.) Increase jobless claim benefits;

b.) Extend the time to claim jobless benefits;

c.) Change fundamental policies to create more private sector jobs;

d.) Both A and C

If you answered c, you are not ready to join congress. If you answered a or b, you are half way there. If you answered d, please see you local democratic party leader to run for congress.

9 posted on 11/13/2008 6:00:19 AM PST by 11th Commandment (2008 was an historical election - the first time a socialist was elected President.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

With Obama as my ruler I shall not want
He maketh me a servant of the state
He leadeth me beside untapped oil reserves.
He restoreth the fairness doctrine
He leadeth me down the path of communism in Marxist style
Yea though I walk through the valley of inflation and debt
I shall fear no lay offs
My union Reps. will comfort me
He preparest a table in the presence of the evil corporations and rich tax payers
He taketh their money to make My cup runneth over
Surely universal health care and government run retirement funds will follow me
And I will dwell in a state owned house Forever.


10 posted on 11/13/2008 6:01:25 AM PST by ODDITHER
[ Post Reply | Private Reply | To 1 | View Replies]

To: autumnraine

No skin in the game, no stake in the outcome — results in just voting for the highest pay-off. Maybe we can put the next election on ebay.

It would be easy to set an 18 month time frame to buy another house, or you lose your voting privilege. Same as the capital gains tax on residence sale.


11 posted on 11/13/2008 6:02:53 AM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Tarpon

As I said, I disagree.


12 posted on 11/13/2008 6:04:37 AM PST by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
[ Post Reply | Private Reply | To 11 | View Replies]

To: Red in Blue PA

I do not believe it, I don’t believe the tumble in the stock market either or the increased fighting in the middle east.
Barry the Marxist is president and he said he would fix all this, so these stories must be from the onion.


13 posted on 11/13/2008 6:04:41 AM PST by svcw (Great selection of gift baskets: http://baskettastic.com/)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Don't worry. My solution of higher taxes on the businesspeople of America will create more jobs.
14 posted on 11/13/2008 6:07:46 AM PST by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: autumnraine
OK, that's fine, but how do you stop the winning vote going to the highest bidder? Or do you care?

If you want to allow every low life to vote, the outcome will be the same every time. The Democrats will bus the illegals, winos and gutter dwellers to the polls. Maybe we should just play the game and raise our ante, maybe we should promise beach houses and a Mercedes to everyone who votes for a Republican. Get our community agitprops in gear and help the little people vote for Republicans.

15 posted on 11/13/2008 6:12:23 AM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Red in Blue PA

Good.


16 posted on 11/13/2008 6:15:25 AM PST by guido911 (Islamic terrorists are members of the "ROP", the "religion of pu*&ies")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tarpon

I said... that I do think there should be a criteria to vote.

Just not YOUR criteria of home ownership.

Sorry.


17 posted on 11/13/2008 6:15:35 AM PST by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
[ Post Reply | Private Reply | To 15 | View Replies]

To: autumnraine
How about proving you are a taxpayer. A person that doesn't have "skin in the game" will just prostitute his vote to whomever pays him the most.

I have in-laws that have never turned in a 1040 in their lives. Their politics is limited to "who has the best bennies for me". It's never "who will have a strong military", who will strengthen business, who will protect the 2nd Amendment, who will put the right judges on the SCOTUS, etc. Just offer another program, or raise SSI, or whatever and you get their vote.

18 posted on 11/13/2008 7:20:30 AM PST by chuckles
[ Post Reply | Private Reply | To 17 | View Replies]

To: chuckles

I think that is a FINE criteria.

Yes, paying taxes can happen even for folks who do not own property.


19 posted on 11/13/2008 7:22:39 AM PST by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
[ Post Reply | Private Reply | To 18 | View Replies]

To: chuckles

Re: How about proving you are a taxpayer.

That clearly goes against the intent of the Founding Fathers.


20 posted on 11/13/2008 8:38:43 AM PST by Red in Blue PA (Little known fact: Barack Obama translated into Kenyan means "Jimmy Carter")
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson