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U.S. jobless claims fall 37,000 to 391,000
Marketwatch ^
| 9.29.11
| Jeffry Bartash
Posted on 09/29/2011 5:37:23 AM PDT by Free Vulcan
New applications for unemployment benefits sank by 37,000 last week to 391,000 to mark the lowest level since April, but a government official suggested the surprising drop may have stemmed from a variety of "technical" issues...
(Excerpt) Read more at marketwatch.com ...
TOPICS: Breaking News; Business/Economy; Culture/Society; News/Current Events
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To: for-q-clinton
but are you both hugh and series?
61
posted on
09/29/2011 9:48:03 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their VICTORY!)
To: Free Vulcan
So 37,000 more have just given up. Probably on the street, now. The gubmint will now care for them in better fashion than if they'd tried to stay on their own feet.
62
posted on
09/29/2011 9:48:21 AM PDT
by
ExSoldier
("Life without God is like an unsharpened pencil: It has no point.")
To: algernonpj; All
"There are plenty of good available jobs out there that are unfilled, just sitting there waiting for someone to apply. There must be, else why would we need to bring in millions more immigrant workers, each and every year? "
63
posted on
09/29/2011 9:55:56 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Free Vulcan
I would think, with just about skeleton crews on in many places already, that would have to slow down the number of new filers. Also, the fact that seasonal hiring is now beginning, they are going to let less people go this time of year. What is truly staggering to me, is that so many people had been let go going into the holiday season (it is the end of sept thru jan).
this does not bode well in my opinion since we are already less employed than last year, the big retailers are bringing on less seasonal help, and jobs are being axed by the numbers they are. It will create an even more dismal holiday season this year than last as even less families have an employed person to go shopping.
To: relictele
Correct! And I suspect a good deal of that book-cooking going on with these numbers!
65
posted on
09/29/2011 10:12:44 AM PDT
by
MizSterious
(Apparently, there's no honor when it comes to someone else's retirement funds.)
To: Free Vulcan
This will be touted as front page news. When the “unexpected” corrected stats are adjusted to show job losses actually increased, the correction will be buried on page 37.
To: Free Vulcan
67
posted on
09/29/2011 10:27:39 AM PDT
by
vox_freedom
(America is being tested as never before in its history. May God help us.)
To: Free Vulcan
"Initial claims from two weeks ago were revised up to 428,000 from an original reading of 423,000" Expected.
Low numbers caused by "technical issues?"
68
posted on
09/29/2011 10:45:47 AM PDT
by
newzjunkey
(Obama wins reelecton; GOP will find a way to lose.)
To: newzjunkey
I know someone laid off about a year ago by the post office. They were unexpectedly “called back” in August. The postal service is going broke, and snail mail is not gaining any ground. I was wondering why they were recalling laid off workers.
There are probably a ton of hidden games like this going on. The d@mned communist.
69
posted on
09/29/2011 11:30:16 AM PDT
by
DesertRhino
(I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
To: Free Vulcan
I’ll wait for the less optimistic ‘revised’ figures — to be released without fanfare at a later date — at 4:45 pm on the Friday before a long weekend...
70
posted on
09/29/2011 11:33:38 AM PDT
by
WayneS
(Comments now include 25% MORE sarcasm for NO additional charge!)
To: xzins
This morning I heard a TV genius say 375 K is now the “progress”,number. But he’s full of Krap and so is anyone else who thinks we can gain ground so long as the unemployment filing rate is even one (1) larger than the “new jobs” rate. We need something north of 100K new jobs/ month just to accomodate population growth, school grads, etc. While it’s clearly desirable to quit losing jobs progress will not be made until the differential (losses minus news) goes to zero and starts going the other way. And Stu Varney is correct: We need at least +200K new jobs / month if we ever expect to see the turn-of-the-century business level again.
71
posted on
09/29/2011 12:30:17 PM PDT
by
cherokee1
(skip the names---just kick the buttz)
To: silverleaf
To: Caipirabob; All
Translation: 391,000 additional people lost their jobs last week.
73
posted on
09/29/2011 1:13:34 PM PDT
by
rdl6989
(January 20, 2013 The end of an error.)
To: ScottinVA
With Obama and his so-called Administration mediocre people in America will prevail!
74
posted on
09/29/2011 2:05:00 PM PDT
by
TheDailyChange
(Politics,Conservatism,Liberalism)
To: Free Vulcan
As far as I know much stimulus money is still unspent but must be spent by 2012. There may be a temporary glut of stimulus money into the economy that will make it look like it is improving just in time for the election. Hope it doesn't pan out that way and fool the folks.
75
posted on
09/29/2011 10:38:00 PM PDT
by
Bellflower
(When the word "holy" is used it must be used with respect and reverence for The LORD.)
To: Free Vulcan
This is getting monotonous.
76
posted on
09/30/2011 6:35:12 AM PDT
by
RWB Patriot
("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
To: Free Vulcan
I have been tracking the ‘new’ unemployment claims since the first of the year 2011. I wrote them down.
In variably, the total number announced on each Thursday is slightly REVISED UPWARD when you do the math for the following week. This week something is totally wrong.
Last weeks number was 423,000. I would expect a REVISION up about 3-4,000, which has been the pattern all year long.
If you take the total figure of 371,000 and add the 37,000 they say was the ‘drop’ amount, that equals 408,000. A quite long way from 423,000.
For the entire year, there hasn’t been one single week when the ‘revised’ number has been lower. Suddenly—a ‘revised’ figure that not only is lower, but is suspiciously lower.
Someone is lying.
This administration is capable of any number coming from them of being deliberately wrong. It has to stop.
To: varon
Everything we got here in Reno area said 371,000..... not 391,000.
Now the ‘revised’ figure makes more sense.
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