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New jobless claims up [588,000], continued claims a record
Reuters ^ | Jan 29, 2009

Posted on 01/29/2009 6:11:51 AM PST by TomGuy

Initial claims for state unemployment insurance benefits increased to a seasonally adjusted 588,000 in the week ended Jan 24 from a revised 585,000 the prior week, the Labor Department said.

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


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: bho44; layoffs; obamaeconomy
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To: TomGuy

If he can heal the ocean’s and calm the terrorists why not wave his hand.
Seriously, this spending program is not going to impact this at all.


21 posted on 01/29/2009 7:06:21 AM PST by romanesq
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To: ScottinVA

I thought it was passed to Biden during a transfer of power ceremony in the WH basement? Joey could not figure out how to turn it on and he gave it to Rahmmy, who did not feel it was powerful enough so he sent it to Google to improve its “search and destroy” mode only after Bill Gates upped its memory?


22 posted on 01/29/2009 7:09:00 AM PST by biff
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To: Nathan Zachary

‘But I think you are a little tin hatted to think he’s punishing you directly for voting RINO. ‘

Not as much as I’m punishing myself.


23 posted on 01/29/2009 7:09:30 AM PST by Badeye (There are no 'great moments' in Moderate Political History. Only losses.)
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To: RSmithOpt

I don’t think that jobless claims for a week ending four days after the inauguration should be blamed on Obama.

I don’t trust the stimulus but let’s be realistic.


24 posted on 01/29/2009 7:10:27 AM PST by Kleebo151
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To: Thermalseeker

My gas tank is empty and my mortgage payment is due again in 3 days - he’d better hurry!


25 posted on 01/29/2009 7:14:32 AM PST by Mom MD (Jesus is the Light of the world!)
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Comment #26 Removed by Moderator

To: biff

Cheney would never give the keys to Biden. It was a well engineered fake. The real one is in storage awaiting Sarah in a few years!


27 posted on 01/29/2009 7:17:23 AM PST by Mom MD (Jesus is the Light of the world!)
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To: TomGuy

I’d like to know how the numbers are compiled and a figure arrived at.

I work in an industry where the turnover is very high, with people passing through in a matter of days. They don’t really want to work. They show up for one or two scheduled shifts, and are not heard from again-until we receive a claim for unemployment, based on their 2 8-hour days.

I often think of them when I hear how many claims are filed, as I don’t know if the numbers include the serial abusers, or not. If it’s happening in my smaller city, it’s happening in every city, times ten.


28 posted on 01/29/2009 7:29:23 AM PST by 1Swashbuckler
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To: Kleebo151

It’s a joke. Just like the libs blamed every bad thing that happened on GWB, we find it amusing to play the same game, tongue in cheek, of course, with Zero.


29 posted on 01/29/2009 7:29:36 AM PST by hunter112 (SHRUG - Stop Hussein's Radical Utopian Gameplan!)
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To: Badeye

FEMA show up yet?


30 posted on 01/29/2009 7:29:37 AM PST by CindyDawg
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To: CindyDawg

(chuckle)

No, but the coast guard was here throughout, just like they were in NOLA before, during and after Katrina...course they are 17 miles away, on the Ohio river.....lol


31 posted on 01/29/2009 7:32:59 AM PST by Badeye (There are no 'great moments' in Moderate Political History. Only losses.)
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To: TomGuy

32 posted on 01/29/2009 7:33:49 AM PST by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: Mom MD

I actually had to buy gas yesterday. I was on empty and my check has not arrived yet. Do you think if I keep the receipt that I can get reimbursed?


33 posted on 01/29/2009 7:34:39 AM PST by CindyDawg
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To: CindyDawg

double


34 posted on 01/29/2009 7:36:07 AM PST by Mom MD (Jesus is the Light of the world!)
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To: P8riot

>>> Obama’s fault.

No... still Bush’s fault.

If you dont believe me, just ask the MSM.

THEY DEFINE THE TRUTH HERE!


35 posted on 01/29/2009 7:41:35 AM PST by Safrguns
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To: Kleebo151

“I don’t think that jobless claims for a week ending four days after the inauguration should be blamed on Obama.”

OF COURSE they should be blamed on and are Obama’s fault. From mid-Oct on, when it was clear that he was going to be elected, the jobless claims are his fault.

This is the guy that ran on taxing small business and compelling employers to pay ever more for employees, including a health plan that called for mandatory employer participation. Add to that the rat increases in minimum wage, and, it is quite logical to fire any and all excess employees in droves prior to any action on the part of Obama.

The markets - and smart businessmen - don’t act today based on today’s conditions. They act today based on expectations of conditions 6-9 months from now.

If I were trying to expect the results of runaway spending to cure runaway spending AND a gov’t determined to do so on the backs of small business - I would be ditching all but essential personnel as well.

It IS Obama’s fault. If you don’t understand that, then you have no clue how business works. THAT could qualify you for a job in Congress.


36 posted on 01/29/2009 7:57:26 AM PST by ziravan (Hiring a democrat to cut taxes is like hiring a pedophile to babysit.)
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To: Kleebo151
I don’t think that jobless claims for a week ending four days after the inauguration should be blamed on Obama.

I don’t trust the stimulus but let’s be realistic


I read the occasional posting on these threads about how one, "Can't blame Obama for this in only his second week in office." WRONG! Did everyone seem to forget that HUGH crash the week after the election happened?

They've been in charge. They've been in control. THEY get the blame.
Unfortunately, we all pay.
37 posted on 01/29/2009 8:05:30 AM PST by RandallFlagg (Satisfaction was my sin)
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To: Blood of Tyrants

That’s the awful human tragedy element of this massive fiscal irresponsibility that really began in 1998. The four sectors getting propped up for economic recovery are Energy, Consumer Healthcare, Higher Ed and I.T. in that order. I suggest if you are laid off you utilize your skills in one of these four markets. Best of success -

Jason


38 posted on 01/29/2009 8:12:57 AM PST by iThinkBig
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To: Badeye
"I don’t believe YOU. I think Obama is punishing me with cold weather, snow and two inches of ice, because I throw away my political principals, and voted for a moderate RINO named McCain last November."

Better be careful or obama will punish you with a baby next!

39 posted on 01/29/2009 8:19:08 AM PST by miliantnutcase
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To: miliantnutcase

(chuckle)

My wife would kill me.


40 posted on 01/29/2009 8:29:52 AM PST by Badeye (There are no 'great moments' in Moderate Political History. Only losses.)
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