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New Jobless Claims Rise in Latest Week
Reuters via ABC ^ | October 14, 2010 | Corbett B. Daly

Posted on 10/14/2010 6:02:25 AM PDT by 1rudeboy

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To: 1rudeboy

If meteorologists were wrong about the weather as often as “economists polled by Reuters” were wrong about the expected job losses, they’d be booted immediately.


61 posted on 10/14/2010 7:42:26 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: Calif Conservative
Here is the link to where they revised the jobs lost last year by 902,000 on Oct 7th.

http://finance.yahoo.com/news/Job-losses-in-2009-likely-rb-501629879.html?cmtnav=/mwphucmtgetnojspage/headcontent/main/501629879//date/asc/1/0

62 posted on 10/14/2010 7:45:01 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: TexasFreeper2009

The Department Of Lies and the Bureau of Laughable Statistics have been at it for some time now. It’s all about goosing the stock market for Benny and Timmy and the rest of the Felonious Reserve and the Treasury Gang. And no, it’s not a “conspiracy”. It’s all being done right out in the open, including the intentional devaluation of our currency in order to facilitate ever-higher government spending and to make debt repayments with increasingly worthless paper.


63 posted on 10/14/2010 7:47:59 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: screaminsunshine
"Wow. Buy Stock. The market should soar on this news the way it has been going."


64 posted on 10/14/2010 7:53:57 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: andy58-in-nh
Hint: there are a lot of zeroes involved.

Nah...only one...

65 posted on 10/14/2010 7:56:32 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: wbill
Were the numbers not being jiggered, then they should - more or less - be revised upwards 1/2 the time, and downwards 1/2 the time.

It just means that the economists' models are wrong.

(You realize that the "unexpected" comes from the polling of economists to determine an estimate...it's not the government giving it as "unexpected," right?

So what we have is a statistically significant indication that the economists' models are ridiculous.

66 posted on 10/14/2010 7:59:56 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: 1rudeboy
"Bush dug us into such a deep cavern that it will take a minimum of 5 years for me to get you all out of that hole", said Barry Hussein Soetoro, Oct 14, 2010 after seeing the jobless claim numbers. /sarc
67 posted on 10/14/2010 8:59:40 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: 1rudeboy
higher-than-expected 462,000

Claims have been high for months, and they keep acting surprised by it.

It's common. It happens all the time. It is the new status quo.

STOP acting like new jobless claims are sneaking up on you.

68 posted on 10/14/2010 9:23:59 AM PDT by xzins (Retired Army Chaplain and proud of it. Those who truly support our troops pray for their victory!)
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To: Lazamataz; All

You have a way of explaining things which, at first glance, may seem a bit vague, but upon closer examination, are absolutely meaningless.

;-)


69 posted on 10/14/2010 9:38:53 AM PDT by stephenjohnbanker
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To: ex-Texan

” Blame our corrupt government who follow the NWO directives issued by the CFR. Insane policies of self-destruction and corporate bribery rule the world “

Get rich quick, and get out...........the new corporate motto. Also the new motto in the House & Senate.


70 posted on 10/14/2010 9:44:30 AM PDT by stephenjohnbanker
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To: 1rudeboy

Why are these people always “expecting” anyway? Sounds like a recipe to cook the numbers, kind of like “recounting” after an election.


71 posted on 10/14/2010 10:09:52 AM PDT by fwdude (Anita Bryant was right.)
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To: 1rudeboy

Comeback depends on WHICH so called “Republicans” take office.

If they are plants >>> those that favor interfering in business and personal living, inside govt. contractors, those that favor SELECT businesses, or those that when listening to a debate stear questioning away from the existences of MANY govt. agencies and quickly try to turn a question into “waste” “fraud” and “abuse”, >>>>then the jobless rate will soar BECAUSE THE PEOPLE LITERALLY AIN’T BUYING INTO IT and will not BUY, and will CONTINUE TO CUT BACK!


72 posted on 10/14/2010 10:31:19 AM PDT by Varsity Flight
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To: stephenjohnbanker; M. Espinola; Quix; blam; 2ndDivisionVet; Chunga85; Fred
'Get rich quick' ruined the foreclosure profiteering game . . . LOL, LOL !

The Cat is Out of the Bag Now -- Look at All These Goooogle Reports

And All These Reports for Foreclosure Gate


I'm dying out here laughing my @ss off. Profiteers are going BK very soon. Have it on good authority the stock markets are going to crash this month. One date mentioned is October 20th. Click Bozo to find out. I'm told that in French his name is Beuzeau . . . LOL, LOL !



October Surprise ___ ?

73 posted on 10/14/2010 10:37:08 AM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: stephenjohnbanker; M. Espinola; Quix; blam; 2ndDivisionVet; Chunga85; Fred; EggsAckley
And I bet that hundreds or even thousand of local newspapers will be running this editorial by tomorrow:


It's Time For Criminal Charges To Be Filed Over Foreclosure-Gate !

In fact, there are dozens of lobbyists, CEOs and CFOs and Members of Congress would love to see doing the perp walk in orange jump suits

74 posted on 10/14/2010 11:12:08 AM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: ex-Texan

Thanks for the pings.


75 posted on 10/14/2010 11:47:08 AM PDT by Quix (Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
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To: Hodar

Largest tax rate in history coming in January .... economy now falling on its face.

Coincidence?

Why should America have 30 percent of the worlds jobs when we only have 10 percent of the worlds people?

Obamanomics. Spread the disease.


76 posted on 10/14/2010 12:07:56 PM PDT by PA-RIVER
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To: andy58-in-nh
So, what you are implying is that it is not random chance, but a willful manipulation of the data. It is obvious to me, from looking at this information, that you are a racist.
77 posted on 10/14/2010 1:01:23 PM PDT by fhayek
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To: GeronL

Remember, the real number for private payrolls is ADP. So if you take the 159,000 government jobs lost last month and add in the 39,000 jobs lost in the private sector per ADP, we lost 198,000 jobs last month, not the 95,000 jobs lost reported by the BLS. Factor in the 366,000 estimated overcount of jobs (not) created in the same BLS report.

Also of note: the diffusion index for all private industry went below 50%, which means more industries are cutting jobs than are creating jobs. Manufacturing diffusion index went below 50% in August 2010 and is now at 46.3, while total private is now at 49.8 For comparison, July 2010 numbers were 52.4 for manufacturing, and 57.2 for total private.

One more note: private hours per week is unchanged at 34.2. Curiously, no hours per week number is provided for government employees.


78 posted on 10/14/2010 2:06:14 PM PDT by bIlluminati (Don't just hope for change, work for change in 2010.)
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To: ex-Texan

” It’s Time For Criminal Charges To Be Filed Over Foreclosure-Gate ! “

They know who they are, and most donated heavily to Obama, in anticipation of this disclosure. As long as Holder is in charge, noting will happen to these cretins.


79 posted on 10/14/2010 2:42:22 PM PDT by stephenjohnbanker
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To: Lazamataz

Put that to music and you’ll have a smash hit.


80 posted on 10/14/2010 3:19:37 PM PDT by rdl6989 (January 20, 2013- The end of an error.)
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