This page has been archived and commenting is disabled.
Initial Jobless Claims Hit 2-Month Highs, Continuing Claims Tumble To 14-Year Lows
It is still far too early to call a turn in the long-term trend of initial jobless claims but this is the 5th week that new lows have not been made, 4th miss in a row, and (despite last week's upward revision) claims sit at 2-month highs. Initial claims printed 291k (against 284k expectations) down very slightly from an upwardly revised 293k last week. However, continuing claims continue to tumble to fresh cycle lows at 2.33 million (below expectations and well down from last week's jump).
4th miss of last 5 weeks for initial claims...
Continuing Claims hits 14-yeat cycle lows...
»
- 3402 reads
- Printer-friendly version
- Send to friend
- advertisements -
Dammit, Reggie, no matter how hard I try, people still find work.
You need to wipe out all the places they work at, munchkins.
Yeah, I need some race riots.
BOYCOTT ALL MEXICAN RESTAURANTS, EVEN TACO BELL. IF YOUR BUS BOY SPEAKS sPANISH, LEAVE A PINTO BEAN FOR YOUR TIP! SEND A BEANER HOME.
No.....I don't think we're that stupid.
Try clicking "caps lock" button on your keyboard.
It's there......just look really hard.
This is Zerohedge......were you looking for Huffpo?
i used caps to shout, symbolically. dumbass. tle lower case s was disrespect for spanish speaking illegals.
Don´t know if my sarcasmeter is a bit off or are you really that stupid?
It's amazing how many . gov provocateurs who have said nothing for years suddenly come out of the wood work to stir up shit. You've been here for four + years and now you decide to speak up with this crap? You think we are stupid?
i don't think much about you at all
Trololololololololol
you dumb shits really think i'm some kind of paid shill? get a fucking life, man. i'm just mad as hell and i'm not gonna take it any more. i know, you say MOAR - dipshit.
I don't think you're getting paid......but if you are.....kudos.
No, just a result of excess inbreeding. You and Bangalore should mate, the results would be....interesting.
"i don't think much at all."
There, fixed that for you.
"fixed that for you." - more internet forum cliches, please.
Jobs for cocaine smugglers are booming, Senator Mitch McConnell's father-in-law is hiring.
Right. And nothing screams 'Amurikan Dream' more than a PT Wal-Mart greeters job! Forward!
REPEAT #6
If there were no jobs at all....new jobless claims would be ZERO. After everyone finished their bene's. Unemployment would be ZERO.....and no one would have a job.
These statistics are meaningless.
Exactly.
This is the only chart that matters:
http://cdn.theatlantic.com/static/mt/assets/business/CHART%201.png
Unfortunately, it shows why the USA is doomed; so you won't see it in the Lame Stream Media...
Need...... Moar ....... Printing. Must show deteriorating numbers.
If you look at the historical trends, when initial claim fall below 300K, they usually don't stay there very long. How robust of a "recovery" this is may well depend on how long it stays at this level, because it's not going lower.
Bum! I don't know whether those figures mean bullish or bearish in the current overbought, overvalued US markets!
DavidC
Can we chart the number of people on continuing claims for >40 weeks combined with the number that have fallen off the unemployment rolls because they've been out so long? That would tell the real story. Initial claims doesn't tell you much.
You have your answer as to why that information isn't covered.
You have your answer as to why that information isn't covered.
The data is suspect .
You are about 3 times richer than you think .
See
https://www.academia.edu/9405720/The_Economics_of_Disrespect_Update_I
or
http://andreswhy.blogspot.com/2014/11/the-economics-of-disrespect-update...
Mom-in-Law got laid off.
Almost run thru her unemployment benefits.
Still not found a new job.
So soon, per our honest and accurate Govt lie...er...stastictics from the Department of Truth, she will no longer be unemployed.
(got to have a job in order to lose a job)
duh?
DK
Bullish!!!
GOOD NEWS, PEOPLE!!! More and more people can't find work so they are giving up looking, making the government unemployment number fantasticly low! What an AWESOME Dear Leader Obama "recovery." And now... becasue Dear Leader Obama KNOWS that there are WAY too many unfilled, good, jobs for the number of legal people in the U.S., he, by his very awesome self (swooooon), is going to break the law and grant amnesty/work permits to the illegal aliens.
You got what you voted for. Hope-n-Change, people!!! Hope-n-frickin-Change...
See ya in the soup line...
</s>
WHAT A GREAT RECOVERY folks!!!!
how to define a recovery:
Until my friends call me again and say hey, let's get a limo, some bitches, party it up, get box seats for the lakers and then tear up the strip afterwards and hit a couple strip clubs on the way back!!! ... UNTIL I GET THAT CALL there is no motherfucking recovery... open your eyes. Are the people around you ballin' and havin' a good time? not in the circles I run in. I am calling BULLSHIT ON THIS MOTHERFUCKING COCKSUCKING RECOVERY.
What do I see? People are in a fog and scrambling. That's what I see.
I eventually gave up after 3 years and thousands of resumes.
Finally got hired for a wonderful job with...the Chinese.
Does that make me unpatriotic?
I'm working in a factory making things for the chinese.
Keynes was right. Nobody has to work in the 21st century.
Right now, these are, ahem, ho hum reports.
.... and this is exactly what happens when credit shrinks/freezes up like a 90 year olds dick... business wants the cheap labor which reduces obola care costs, taxes, etc. Unfortunately, most americans are too stupid to realize that this is an assualt on their way of life, and will subsequently reduce the standard of living for most everyone as wages crash.
www.gunsgrubandgold.com
COME JOIN FOR FREE!!
Obama to make 5mil illegals eligible for work permits. I see this ending badly. 5mil people become eligible for living wages, get fired and collect unemployment because businesses can no longer afford to pay them. Ever heard of unintended consequences?