Posted on 04/08/2010 7:30:34 AM PDT by AngelesCrestHighway
NEW YORK (CNNMoney.com) -- The number of Americans filing for unemployment insurance for the first time jumped last week, according to government data released Thursday. There were 460,000 initial jobless claims filed in the week ended April 3, up 18,000 from an upwardly revised 442,000 the previous week, according to the Labor Department's weekly report.
(Excerpt) Read more at money.cnn.com ...
The persistent use of that term “unexpected” is why the LMSM has lost all credibility. They are actually complicit in the perpetuation of lost jobs, productivity and indeed American Exceptionalism.
This traitorous pretender in the Oval Office talks commitment to fixing the high unemployment problem out of one side of his mouth, but then generates policy and legislation that is 100% geared toward making the problem worse. He is INTENTIONALLY making us as MISERABLE as possible.
If the press were doing it’s job, impeachment proceedings would already be under way.
Have you considered moving, traveling, or going overseas for work? I did a lot of overseas work in the 90's and made a pile of money doing it. There is work out there, but you can't limit yourself to your local area. You might have to move or be willing to travel and it might not be exactly what you want to do, but it would be better than depending on Uncle Sugar. Most people aren't willing to travel or go overseas and, as such, they limit themselves to what is available in their local area. Similarly, far, far too many people in this country fail to develop broad based marketable job skills and rather expect that employers should hire them "just because". You have to make yourself valuable to an employer to gain and keep a job in hard times. If you chose to not develop job skills that are in demand you have no one to blame but yourself. Those limitations are self imposed. I don't want to sound callous, but more often than not the biggest limitation people have to finding work stares at them when they look in a mirror.....
No, just more evidence that we must pass immigration reform NOW!!!
(the healthcare reform angle is sooooo last month...)
I would certainly hope so, but I don't know because I've never once collected unemployment compensation. However, given the mentality of gubmint employees that I've encountered I have absolutely no faith that there is any follow up to verify what is claimed in terms of proof that you are indeed looking......
It was on Google News front page (I saw it), but the lead stories change constantly as new ones are posted. Just like FR. By the time you looked, it had dropped from the top, but will likely be reposted as other outlets update.
“I’m trying to understand thsi figure, especially the word —initial. This tells me that 460,000 were newly laid off. Am I right in my understanding ? If so, WHEN were they laid off ? the previous week ? “
Someone a few months ago said the normal in a robust economy is 300,000 or so. While we are still loosing ground, it is not as bad as that number initially seems.
.....due to expiration of benefits.....
That statement is a rings untrue to me. I thought benefits had been extended and re-extended more or less to perpetuity.
To go off the rolls means the person must have been out of a job for what? 24 months?
Kenya spare a quarter mister?
That depends on where you are and the amount of mobility you have. A job 100 miles from home isn’t an option for people with families.
But it might be necessary. For 20+ years it was exceedingly common for me to drive 8-12 hours or fly to the other side of the country (or to a foreign country) in order to work. I would often stay out of town for 5-10 weeks at a time, especially on foreign contracts. Sometimes it was shorter, sometimes longer. If you aren't willing to go where the work is then you are imposing limitations on yourself. Similarly, if you aren't willing to develop broad based skills then you and you alone are limiting yourself. Lots of people with families travel for a living every day. Hotels in every town are full of people who travel for a living. I employed over 100 people at one time, most of whom had families and all but 10 or so in the office traveled just like I did. Is it easy? No, but it was necessary and quite profitable......
Is this his home country or the USA?
I wish these reporters would be more specific.
Laid off people.
Unexpected my ass. The press was trying to pre-spin reality and place upon it a preceived reality that does not match REAL reality.
Say, Obama.... where is it the Cubs play? That COMINSKI park? How about Comiskey park.... oh and who is your favorite player? Uh.... there was a player for the Sox named Uh? who knew?!
ROTFLAMO. What else can you expect of this idiot with out a teleprompter. We can’t believe a damn thing coming out of the government or out of the press.
Insinuating that unemployed people don’t get up and get dressed?
“This of course does not give us the total economic picture because I would like to know how many new jobs were added last week so that we can see the NET gain or loss in jobs. “
Yea, I don’t know how to find that out either. That would be good to know.
We ARE out of the woods! The cool, shady woods...now we are baking our brains out in the middle of a wide open sandy desert. I’d rather be back in the woods.
But it has to be really, really, really big.
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