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Initial Claims Four-Week Average Slides To 2006 Lows

Tyler Durden's picture




 

After last week's uncomfortable rebound in claims, this week calmed fears. Printing at 289k (down 14k from last week) against expectations of 304k, this dropped the four-week average of jobless claims to the lowest since February 2006. Continuing claims also fel back to near the lowest since May 2006. One thing to bear in mind is that this is practically the peak for historical seasonality as the second half of the year has tended to see claims rise...

Lowest 4-week average initial claims since Feb 2006...

 

But seasonality may not be a friend anymore...

 

Charts: Bloomberg

 

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Thu, 08/07/2014 - 08:41 | 5058125 LawsofPhysics
LawsofPhysics's picture

Everything is "fixed"... now get back to work.

Thu, 08/07/2014 - 08:42 | 5058130 fonzannoon
fonzannoon's picture

she/he is going to raise rates, soon. Count on it.

Thu, 08/07/2014 - 08:43 | 5058135 wallstreetapost...
wallstreetaposteriori's picture

sounds to me that we have reached peak productivity levels.  No more people to layoff.... time for stagnate earnings growth.

Thu, 08/07/2014 - 08:51 | 5058160 Headbanger
Headbanger's picture

Again there's nobody left to lay off.

And you're still a Goldman fag fonz!

Thu, 08/07/2014 - 09:04 | 5058187 fonzannoon
fonzannoon's picture

hey fuckface i have an idea. since i don't feel like constantly arguing with a retard lets settle this in a simple way. lets  not reply to each other and drag threads out and annoy people who just want to comment and have some fun.

lets go to sept 30th next year. if the fed does not raise rates by then i will never comment on here again. if they do you have to permanently fuck off.

whaddaya say dipshit?

answer me banana head. lets be done with this already. i figure u are doing me a favor either way.

Thu, 08/07/2014 - 09:45 | 5058480 Dr. Engali
Dr. Engali's picture

Let it go Fonz. I found the best way to deal with retards is to just ignore them. Who gives a shit what they have to say?

Thu, 08/07/2014 - 11:13 | 5058938 IRC162
IRC162's picture

just.....not.....enough...time!!!!!!!!

If every fuckoff was graced with constructive advice, the drain on productivity would be epic......Hey, we just id'd another contributing factor to our current economic bliss; weather and fucktards?  Ho Lee Fook


Not that anyone above is  an actual fucktard.  You three are all great teachers to me and countless others.

But, every now and then, a little kick in the balls is good for the heart, no?

 

Thu, 08/07/2014 - 11:22 | 5058986 boogerbently
boogerbently's picture

I LOVE statistics !

They have been firing people for six straight years.

It HAD to slow down eventually.

Thu, 08/07/2014 - 08:43 | 5058138 Dr. Engali
Dr. Engali's picture

What time is zero's press conference today so he can do is touchdown dance?

Thu, 08/07/2014 - 08:44 | 5058143 fonzannoon
fonzannoon's picture

Rayciss!!!

Thu, 08/07/2014 - 08:48 | 5058152 knukles
knukles's picture

Why?  Because it evokes a mental image of a balck tight end jigabooing about in the end zone when he's caught something?

Thu, 08/07/2014 - 09:55 | 5058522 RobD
RobD's picture

Should have used "wide receiver" instead of "tight end" in your example there knucks, would have been more accurate if the rumors are true lol.

Thu, 08/07/2014 - 08:45 | 5058141 GetZeeGold
GetZeeGold's picture

 

 

Pretty soon everyone will have a part time job which means no one will qualify for unemployment.

Thu, 08/07/2014 - 08:49 | 5058156 knukles
knukles's picture

And have to pay for health insurance including the 40% excess premium tax that kicks in in 2018.  Or has youse foget dat yet?

Thu, 08/07/2014 - 09:57 | 5058541 IANAE
IANAE's picture

...agree, the case for 'lift off' is building and the signaling (Fed & its friends and MSM) is becoming overt... besides, how can anyone deny the obvious successes the POTUS cheers practically every day.

Thu, 08/07/2014 - 09:12 | 5058292 SilverMoneyBags
SilverMoneyBags's picture

Shut up slave...

Thu, 08/07/2014 - 09:28 | 5058377 Bossman1967
Bossman1967's picture

Happy days are here again..... Hard to understandyesterday the whole workd was on fire today all is great wtf

Thu, 08/07/2014 - 10:22 | 5058670 freeasabee1
freeasabee1's picture

"get back to work"?  I guess that's what standing in the welfare line is call these days.

Thu, 08/07/2014 - 08:41 | 5058132 Dr. Engali
Dr. Engali's picture

Now that is some funny shit right there, I don't care who you are.

Thu, 08/07/2014 - 08:44 | 5058139 duo
duo's picture

When the number of people with jobs decreases, at some point the number of layoffs should decrease also.

When the last 300,000 employed people in the US get laid off in one week, that will be considered a big number.

Thu, 08/07/2014 - 08:52 | 5058170 knukles
knukles's picture

I'm probably one of the last people in the whole People's Republic of Newly Minted Illegal Democratic Pestilence and Voters League that still works.
Lucky me.
The last person in the last batch, getting there when I'm not capable of paying benefits to everybody else anymore so they run out.
Talk about sucking the hairy end of the lollipop

Thu, 08/07/2014 - 09:12 | 5058289 SmallerGovNow2
SmallerGovNow2's picture

Thanks for donating your taxes to the other 317 million of us serfs...

Thu, 08/07/2014 - 08:44 | 5058145 Cattender
Cattender's picture

Thank God! stock Futures are UP! it's a recovery... (sigh)

Thu, 08/07/2014 - 08:56 | 5058189 yogibear
yogibear's picture

All is well. Wall Street and Cramer says so.

Thu, 08/07/2014 - 08:45 | 5058147 ebworthen
ebworthen's picture

This means that millions upon millions who want to work have rolled off the books and are no longer being counted.

When you start running out of people to throw overboard it is not a sign of "all is well".

Thu, 08/07/2014 - 08:54 | 5058178 knukles
knukles's picture

Remember those Ricola Swiss cough drop ads?

   E -Bol-Aaaaaaaaaaa

(and they drop over dead, corpses bursting)

Thu, 08/07/2014 - 09:42 | 5058457 DeadFred
DeadFred's picture

Long biohazard suits. We'll need a bunch of them.

Thu, 08/07/2014 - 08:46 | 5058149 TeamDepends
TeamDepends's picture

American exceptionalism on parade!  We print our jobs over here.

Thu, 08/07/2014 - 08:47 | 5058150 Smegley Wanxalot
Smegley Wanxalot's picture

Official Stats turning positive in an election year as November approaches?

The hell you say.

Thu, 08/07/2014 - 08:55 | 5058184 knukles
knukles's picture

Welcome to the Matrix

Thu, 08/07/2014 - 08:48 | 5058154 Space Animatoltipap
Space Animatoltipap's picture

The sober monetary adherents to gold conclude the currency situation remains horrific. It remains a piramid ponzi scheme which will blow up. Rising rates may do it. Less demand for $ WW may do it. War may do it. The EU tragedy may do it. Inflation/stagflation may do it. Probably a combination of factors will do it.

Thu, 08/07/2014 - 08:55 | 5058183 yogibear
yogibear's picture

The government should reduce unemployment insurance to only 6 weeks then their numbers would look real good. The lowest unemployment rates in history.

It's all about cooking the numbers now.

Thu, 08/07/2014 - 09:19 | 5058331 mogul rider
mogul rider's picture

OK silver/gold pumpers light up your engines and tell us how silver will explode as jobless claims plummet

Thu, 08/07/2014 - 09:28 | 5058370 Eyeroller
Eyeroller's picture

If everything is fine and dandy, then the Fed should raise rates.

Thu, 08/07/2014 - 09:41 | 5058461 MFL5591
MFL5591's picture

No one I know beleives anything this goverment puts out as statistical data.  

Thu, 08/07/2014 - 10:08 | 5058578 ejmoosa
ejmoosa's picture

Your'e gonna have to lose two or three jobs to get counted these days....

Thu, 08/07/2014 - 10:28 | 5058701 starman
starman's picture

Long severance packages. See the more people they layoff the lower the claims will drop. This is what we call Obamatics its close to Mathematics. 

Thu, 08/07/2014 - 11:01 | 5058875 edifice
edifice's picture

I'm surprised anyone can still file. With 25-33% actual unemployment, I'd think most have reached their limit for bennies, by now.

Thu, 08/07/2014 - 11:58 | 5059191 Laddie
Laddie's picture

http://cis.org/all-employment-growth-since-2000-went-to-immigrants

Net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal.

Do NOT follow this link or you will be banned from the site!