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New jobless claims post biggest jump in 6 months
Reuters ^
| January 13, 2011
Posted on 01/13/2011 6:04:09 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer
9.19 million people received some kind of state or federal benefits in the week of Dec. 25, on an unadjusted basis.
That was up 422,523 from the prior week
2
posted on
01/13/2011 6:06:24 AM PST
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
That would account for people well over the extended benefit levels.
3
posted on
01/13/2011 6:08:56 AM PST
by
Marty62
(Marty 60)
To: Oldeconomybuyer
Yeah, but did you see Obama’s SPEECH last night? Oh my Gawd, it was soooo unifying.
To: george76
Its reports like this that drives the debate against the Government, it needs to be ban or someone will get killed. Its Palin’s fault.
5
posted on
01/13/2011 6:10:16 AM PST
by
scooby321
To: Oldeconomybuyer
After-Christmas layoffs...no real surprise here.
6
posted on
01/13/2011 6:10:16 AM PST
by
Bean Counter
(Stout Hearts...)
To: Oldeconomybuyer
All together now...
7
posted on
01/13/2011 6:10:21 AM PST
by
JRios1968
(This is me, in a nutshell: "Let me out of here...I'm trapped in a nutshell!!!!")
To: george76
Is it me? (probably) But all the hysteria over the improved Dec. hiring, and now “Unexpected” first time claims. Could it be anything to do with Holiday shopping hiring and firing come Jan.?
8
posted on
01/13/2011 6:11:00 AM PST
by
DAC21
To: Oldeconomybuyer
Silly people, don’t you know the whole nation was healed last night? Who gives a damn if we have jobs?
We have Barry. /sarc
9
posted on
01/13/2011 6:11:30 AM PST
by
dforest
To: Oldeconomybuyer
Obama = Epic Fail
and on a side note how “unexpected” *DRINK!*
p.s. also note the oh so predictable revision of last weeks numbers UP!
sad, who do they think they are fooling!
To: SoFloFreeper
Exactly who cares that the country is still in the sh!tter, Gabby opened her eyes!111!
11
posted on
01/13/2011 6:12:07 AM PST
by
redk
To: SoFloFreeper
Yeah, but did you see Obamas SPEECH last night? Oh my Gawd, it was soooo unifying. Too much jive, not enough thrive.
12
posted on
01/13/2011 6:13:10 AM PST
by
matt1234
(0bama's bunker phase: Nov. 2010 - Jan. 2013)
To: Oldeconomybuyer
Continuing claims retreated sharply to 3.88 million from 4.13 million, a potentially encouraging sign. Still looking for that pony in the poop, eh, Reuters?
13
posted on
01/13/2011 6:13:15 AM PST
by
ScottinVA
(The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
To: Bean Counter
post Christmas yes,
but also
- reductions due to increased health care costs plans increasing 15% to 25%
- reductions in city, county, school employees
To: Oldeconomybuyer
15
posted on
01/13/2011 6:18:43 AM PST
by
b4its2late
(Ignorance allows liberalism to prosper.)
To: Oldeconomybuyer
The unemployment numbers are beginning to remind me of a freight train in an old fashioned switching yard.
Nothing appears to be happening (no changes in the numbers) followed by a sudden forward movement (unexpected increase) followed by some backward drift (slight improvements) as inertia attempts to return to its initial conditions.
The problem in the freight yard, like our economy, is sudden and irregular application of movement. Until the train leaves the restrictions of the switch yard and is allowed to run free nothing good can happen. My question is when will the switch man (Obama and his czars) let the economy run free? BTW - the size differential between a man and the freight train was chosen to show just how little Obama and his czars are when compared to the rest of the nation and its economy.
16
posted on
01/13/2011 6:18:55 AM PST
by
Nip
(TANSTAAFL)
To: Oldeconomybuyer
U.S. jobless claims jumped unexpectedly last week to their highest level since October, suggesting the labor market is still in a rut despite signs of improvement in the economy. The number of Americans filing for first-time unemployment benefits rose to 445,000 from an upwardly revised reading of 410,000 in the prior week, the Labor Department said on Thursday. It was the biggest one-week jump in about six months, confounding analyst forecasts for a small drop to 405,000. Every time these figures are announced, it brings into question their validity. How much back room manipulation goes into these compilations?
17
posted on
01/13/2011 6:19:18 AM PST
by
kabar
To: Oldeconomybuyer
18
posted on
01/13/2011 6:21:17 AM PST
by
wbill
To: Oldeconomybuyer
Funny. "Each week" the "Experts" feed us another line of bs telling us how much better our economy is getting and how few jobs they expect to remain intact over the next week and each week, when the numbers come out, MAGICALLY they always end up "UNEXPECTEDLY" being higher than the week before.
Am I the only one that is feeling the heat or is everyone in the pot of ever increasing hot water enjoying themselves?
Just wondering.
To: Oldeconomybuyer
20
posted on
01/13/2011 6:25:58 AM PST
by
Scanian
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