Jobless claims fall by largest amount since July

Market Watch ^ | 02/11/2010 | MArket Watch

[The Magical Mischief Tour]

WASHINGTON (MarketWatch) - First-time claims for state unemployment benefits fell by the largest amount since July. The number of initial claims in the week ending Feb. 6 fell 43,000 to 440,000. This was a sharper drop than expected.

[ichabod1]

Well, when people look around them, even bleeding heart liberals, they don’t see unemployment dropping.

When Carter was in there, I thought he was doing a pretty good job, that it wasn’t HIS fault the country was tanking. I was 17 years old.

[Abathar]

Nope -

http://homepages.cae.wisc.edu/~dwilson/rsfc/stadiums.txt

Number one on the top of the list in size, 108,000+ butts fit in the Big House on game day.

[Reagan Man]

Those couple million census workers should make the bottom line look better... for a while, anyhow.

[Arthur Wildfire! March]

The census is hiring what? Two million?

[Red in Blue PA]

I am out of work and had an interview today for a database position. Found out there were 14 people interviewing for it. It is disheartening to see so many people for 1 job!

It’s tough out there.

[Diana in Wisconsin]

“They’re already down to the useless brother’s in law.”

LOL! Good one.

[The Anti-One]

"Amazing how snowfall will keep people inside!"

Being unemployed has the same effect.

[xzins]

after 2 months of going up when it wasn’t supposed to, it goes down when it isn’t supposed to.

I’m betting that the economy sucks and jobs will go down again in about a month after stores restock.

[The Anti-One]

"Thank you for your 2 tours off duty/service to our country...Glad to have you back home. God Bless"

Hear! Hear! Thank you.

[TheThinker]

We seem to be running out of people willing to look for a job.

[max americana]

>>BREAKING NEWS: We’re failing more slower. For now.

You forgot “unexpectedly”.

[paulycy]

You forgot “unexpectedly”.

Oh. You're right. Sorry.

[ExNewsExSpook]

The apparent disconnect between the recent drop in the unemployment rate (and the corresponding rise in jobless claims) can be easily explained. Thousands of Americans who had been unemployed for an extended period simply stopped looking for work, figuring it was hopeless. When they stop searching for a job, they fall off the rolls.
That’s why the real unemployment rate in closer to 17% instead of 10%.

[Texas Eagle]

This was a sharper drop than expected.

Gee, MarketWatch, what was the number you expected and why did you expect it?

Hmmmmm???

[NoRedTape]

Wow! Cool! stats that are 7 months old!!!

[algernonpj]

OTH, Snowmageddon could cost up to 150,000 jobs in February

We now can blame, man-made global warming, which was the cause of the severe cold and snow storms. (do I need a sarc tag?)