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Jobless claims rise more than expected
Reuters ^
| 6/23/2011
Posted on 06/23/2011 7:07:25 AM PDT by oldernittany
New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Front Page News
KEYWORDS: movingaverage; obama; obamanomics; recovery; unemployment; unexpected
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Unexpected
To: oldernittany
Every week without fail...”Unexpected”
2
posted on
06/23/2011 7:10:17 AM PDT
by
NMEwithin
To: oldernittany
New claims for unemployment benefits rose more than expected last week,... It's a bit early in the day however "expected" is close enough.
"DRINK"
3
posted on
06/23/2011 7:11:38 AM PDT
by
EGPWS
(Trust in God, question everyone else)
To: NMEwithin
Every week without fail...UnexpectedWorst POTUS EVER X5!
4
posted on
06/23/2011 7:13:13 AM PDT
by
EGPWS
(Trust in God, question everyone else)
To: oldernittany
Oddly enough this uniformed rube expected it.
To: oldernittany
...I know I've been asking this question for months now, but can anyone tell me how this weekly number always stays between 415 and 430.....????, it's new jobless claims, the number has got to vary more or less from 15,000 from week to week. Next week's number will once again be around 428,000.
6
posted on
06/23/2011 7:15:53 AM PDT
by
Doogle
((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
To: oldernittany
first comment out of the box over there...
Republicans fault.
7
posted on
06/23/2011 7:18:46 AM PDT
by
digger48
To: oldernittany
The economists (government cheerleaders) guessing wrong once again is a diversion from the real news that the economy is continuing to disintegrate.
8
posted on
06/23/2011 7:24:10 AM PDT
by
oldbrowser
(Breitbart for a Pulitzer Prize)
To: oldernittany
Can you just imagine the news if there was a Repub in the White House?
To: oldernittany
Reuters book of style: ‘terrorist’ is never to be used in print. ‘Unexpected’ is to be used in every story about unemployment under an Obama administration.
10
posted on
06/23/2011 7:30:49 AM PDT
by
relictele
(Pax Quaeritur Bello)
To: oldernittany
429,000, (higher than expected)
Expected 415,000
The prior week’s figure was revised UP to 420,000. (from 414,000)
11
posted on
06/23/2011 7:37:14 AM PDT
by
faucetman
(Just the facts ma'am, just the facts)
To: oldernittany
They will now blame the unemployed. There is nobody else left to blame but the policies of the administration toward business and taxes.
Look for hit pieces on unemployed sloths just around the corner.
12
posted on
06/23/2011 7:44:27 AM PDT
by
blackdog
(The mystery of government is not how Washington works but how to make it stop)
To: oldernittany
To: oldernittany
Saying that it's unexpected is simply cover meaning that it shouldn't be happening but is anyway and there's supposedly no reason available to explain it.
Yeah...right.
14
posted on
06/23/2011 8:00:01 AM PDT
by
Crucial
To: blackdog
They will now blame the unemployed. There is nobody else left to blame but the policies of the administration toward business and taxes. Look for hit pieces on unemployed sloths just around the corner. I think the illegal president has been blaming businesses for not hiring.
15
posted on
06/23/2011 8:17:46 AM PDT
by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: Texas resident
Can you just imagine the news if there was a Repub in the White House? I remember when Bush was in office and unemployment was under 5%, all the liberal media would do was complain that although we were creating millions of new jobs, they were low quality jobs that they derisively called "Mcjobs".
16
posted on
06/23/2011 8:21:54 AM PDT
by
apillar
To: Doogle
There have been a few times when it got down into the 300,000s, but those are few, so we remember the 400,000s.
I don’t think there’s anything mystical or magical or conspiratorial about the narrow range. Sure, they are often slightly revised later, and they are not going to capture a perfect snapshot of what’s actually happening. But they do reflect the reality of our economy. We are stuck with an economy that is producing pretty consistent numbers...not the worst of worlds but a pretty lousy one in terms of unemployment.
I think the bottom line to take away is that when people file for unemployment, eventually they will either find something suitable and move on with work, or they will drop out of the labor force after trying and trying and becoming discouraged.
At that point we have the reason why long term unemployed numbers keep going up and up and up and up. The sad news is that the trend is for fewer and fewer people to be employed in this country.
That is kept as a separate statistic from the unemployment rate, giving Obama a break from the horrors of the raw, unvarnished truth.
17
posted on
06/23/2011 9:12:43 AM PDT
by
txrangerette
("...HOLD TO THE TRUTH; SPEAK WITHOUT FEAR." - Glenn Beck)
To: Moonman62
Well to be fair, all businesses are not exactly innocent, esp the ones who outsource jobs as well as those who hire scabs from other countries to do the work here WE could do.
But I do agree that many of the libbies will point the finger at businesses without any mention of excessive taxation or the upcoming uncertainty of Obamacare and what it means for increased business costs.
To: blackdog
19
posted on
06/23/2011 9:23:14 AM PDT
by
Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
To: oldernittany
The four-week moving average of new jobless claims, considered a better gauge of labor market trends, was unchanged at 426,250. Thsi is the second week in a row (at least) where the four-week moving average has been unchanged. And it is the third week in a row (at least) where the weekly figures have gone up.
The books are heavily cooked.
20
posted on
06/23/2011 9:30:11 AM PDT
by
ClearCase_guy
(The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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