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Initial Jobless Claims Ends Losing Streak, Unchanged Since January

Tyler Durden's picture




 

After four weeks of rising - the longest streak since Feb 2009 - initial claims dropped very modestly to 271k this week. This means initial jobless claims has gone nowhere since January 23rd.

 

 

Charts: Bloomberg

 

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Thu, 08/27/2015 - 08:41 | 6476845 This is it
This is it's picture

It'sssss hammer time for gold.

And anti-hammer time for stocks.

 

Hmmm...the orange line doesnt look quite right.

Thu, 08/27/2015 - 09:08 | 6476918 El Oregonian
El Oregonian's picture

Well, I guess when the .gov statisticians call the occasional can and bottle collector outside your stores, and those that stand on premises with their well-worn "Will work for food" cardboard signs, as 'full time employees' farce is finally past its expiration date,

The only thing left to do is to produce the ugly step-sister from her closet, who was locked away from reality and now has to be displayed as truth, and since there is nothing left that they can hide and/or lie with, we are left with this crap.

Thu, 08/27/2015 - 08:46 | 6476851 JustObserving
JustObserving's picture

US unemployment numbers are fake - so those statistics are worthless

What's The Real Unemployment Rate In The US?

roughly 60% of the civilian work force is fully employed and 40% are marginally employed (i.e. earning less than $15,000 annually) or unemployed

http://www.zerohedge.com/news/2015-06-16/whats-real-unemployment-rate-us

Thu, 08/27/2015 - 08:44 | 6476858 cpnscarlet
cpnscarlet's picture

And on that news (along with China dumping USTs), the dollar pops and PMs drop.

Gotta love it...you have no choice.

Thu, 08/27/2015 - 08:45 | 6476866 XAU XAG
XAU XAG's picture

The counters are on Holiday........................or they have been adjusted beyond any sense

Thu, 08/27/2015 - 08:50 | 6476882 Iudaea Delenda Est
Iudaea Delenda Est's picture

Lots of recent 4th law school grads have given up and decided there's more money in sucking dick, or dancing for nickels down at the pier.

Meanwhile, there are so many h1B Indians in metro Boston they are the majority on certain subways for periods in the morning.

Can't say a bad thing about them - hard working, family people and I love both Indian food and porn.

But come the fuck on.

Some say our schools arent training people for these software jobs. Maybe your 4 years, but there are a shitload of state schools and tech schools in new england and new york, cant speak for elsewhere.

the idea State Street cant find americans to do the jobs they are importing injuns to do is not only false - its obviously false.

something else is going on.

Thu, 08/27/2015 - 13:11 | 6478031 Colonel Klink
Colonel Klink's picture

Doom porn is my favorite, because everyone is getting fucked but they don't know it.  I think it's called goyim rape.

Thu, 08/27/2015 - 09:03 | 6476930 Fukushima Fricassee
Fukushima Fricassee's picture

USA .GOV numbers are 100% bullshit. China is 90% bullshit and Greece is no shit.

Thu, 08/27/2015 - 09:09 | 6476955 q99x2
q99x2's picture

Hey I'm a student. It feels like I'm working and what else is for there for me to do?

Thu, 08/27/2015 - 09:11 | 6476961 MFL8240
MFL8240's picture

More fraud and decseption lets take stocks back over 18K,  The interest rate lie is back out!

Thu, 08/27/2015 - 09:25 | 6477001 homebody
homebody's picture

Does begging for food affect the participation rate

All BS

Thu, 08/27/2015 - 09:54 | 6477113 junction
junction's picture

You can strike homicidal maniac Vester Flanagan from the Unemployment Insurance rolls.

From the Daily Mail (UK)

Vester Flanagan's appalling track record as a reporter brought to light in court papers relating to his bid to sue WDBJ for wrongful termination

Flanagan scored 1 out of 5 in series of categories in performance review and was told his reports were confusing and 'lean on facts'

One document called him 'the human tape recorder' for never challenging press releases or interviewees 

Case was dismissed after CBS affiliate in Moneta, VA, issued detailed rebuttal

Also revealed: Flanagan threw cat feces at neighbors, had a large sex toy trove, drove like a maniac and covered his fridge with photos of himself.

 

 

Thu, 08/27/2015 - 10:04 | 6477184 Hohum
Hohum's picture

junction,

Isn't it the mainstream journalist's job not to challenge press releases?

Thu, 08/27/2015 - 11:39 | 6477594 coast
coast's picture

the dow jones is lower now than it was a year ago.....after hundreds of billions to prop it up...that is the bigger picture.

Thu, 08/27/2015 - 14:08 | 6478258 SAE 73
SAE 73's picture

Since I has become awaken to the lies and propaganda the US Government has spoon fed  me for most of my life I can assure you I won't get fooled again. I'm 61 years old with no savings for retirement ( that's a joke in it's self ) but by golly I'm not giving up or in to these bastards. I basically am underemployed but whatever I have to do to make it I will do it. Anything the Government tells us is 99% BULLSHIT people.  They are Professional Pathological Liars along with being Career Criminals. 

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