And last weeks numbers unexpectedly revised up ... Again.
That's the headline......7.01M collecting (+ others who aren't collecting)
It's amazing....7 Million is a higher number - you'd think editors would use that in their headlines...what's the saying? 'If it bleeds - it leads'..../sigh
More hopey changey! MMM, MMM, MMM!
Note too that this increase occurred in a week shortened by a holiday. Usually the count goes down when that's the case and everyone gets all tingly over a "decrease" in claims. So what does it mean when claims go up in a holiday week? Pretty grim news, I reckon.
Over the years the nanny state seems to have created a permanet unemployable class. The schools are more interested in building self-esteem than in students gaining the knowledge they will need to be successful. We send young adults to college who major in subjects barely worthy of hobby time study. When people get laid off, they tend to collect unemployment benefits for the maximum time (while doing unskilled labor for cash).
Now that it is an employer’s market, many businesses appear to be laying off the nanny-state products, restructuring their work force, and hiring the truly educated.
The ranks of the underemployed and those not actively looking for employment, that is, those who are not counted as being unemployed, continue to grow.
Democrats = incompetence.....Democrats = incompetence.....Democrats = incompetence
I find this odd around Christmas time with the seasonal jobs being offered.
400K 2+ years after the recessions ended.../s
To a large degree we have a controlled media.
I’ll become part of that figure in January, since I’m being laid off at the end of December. This is a direct result of Obama’s dislike for the military in general and the missile defense program in particular. My whole branch (46 contractors) at the Missile Defense Agency has been cut, along with 800 other people throughout the agency. Though our employers have managed to find jobs for most of the engineers and analysts, there’s nothing for a tech editor who’s been around forever and makes a high salary. And word is that 2012 will be as bad or worse for layoffs, so I’m happy to take my severance pay and file for unemployment. I can’t wait to vote that Kenyan SOB out of office.
These are even the correct numbers. These are estimates, that will be adjusted a few weeks from now. Somehoew they never publish the “adjusted” figures, which are higher.
Last weeks were revised UP, as well, as has been the case 91% of the time since Obama took office.
How did you know today’s numbers were going to be BAD? All of YESTERDAY’s media hype to the sheeple about the “improving” economy.
Anybody who has been paying attention since 2009 already knows how this works.
What will this horrible number be revised UP to, next week? 410? 412?
gawddam lazy americans. and the corporations are just out to make president messiah look bad. and PASS THIS BILL!!! and besides, it’s all george bush’s fault.
ANY, any manifestation of the CHRONIC euro GOVERNMENTS’ here, will slam right into already margin-price pressures on small businesses. UnempPIIGSment of the U.S.
Meanwhile, the Wall streeters who, more than any other single group got us into this mess, are figuring out how they are going to spend their multimillion dollar Christmas bonuses.
More ‘hopey and changey’ please. /s =.=
Just goes to prove the 8.6% unemployment rate is a fraud.