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As Good As It Gets? Initial Jobless Claims At Lowest In 43 Years For Christmas Week

Tyler Durden's picture




 

It's Chrismas time. Only the scroogiest of scrooges would be laying people off this time of year and in fact this week's 267k print in initial jobless claims is back near cycle lows. The last time there were initial jobless claim in a holiday week was 1972, which raises the question - so what happens next?

 

 

Will it be different this time?

 

Well, no - Yellen is already raising rates.

 

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Thu, 12/24/2015 - 09:42 | 6959832 VinceFostersGhost
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You can't file a jobless claim....if you lose a part time job.

 

Thu, 12/24/2015 - 09:43 | 6959838 Arnold
Arnold's picture

Yeah, extended federal holidays and vacations and such weather related seasonal adjustments.

Thu, 12/24/2015 - 10:40 | 6960004 tmosley
tmosley's picture

What happens next? Easy! Fudge the numbers some more so they are even lower!

Thu, 12/24/2015 - 09:53 | 6959863 wombats
wombats's picture

Just sounds like big Corporations are running out of people left to fire.  Imports on H1 visas don't get unemployment if they get fired. They just get sent home, not that it happens very often.

Thu, 12/24/2015 - 14:15 | 6960760 ajkreider
ajkreider's picture

This is false.

Thu, 12/24/2015 - 09:41 | 6959833 Arnold
Arnold's picture

You asked for a list.

 

 

http://www.dailyjobcuts.com/

Thu, 12/24/2015 - 09:42 | 6959834 yogibear
yogibear's picture

Cut Unemployment insurance to 2 weeks and the unemployment rate will look better than anytime in history.

It's the true rate vs the BLS cooked rate. The admin is indicating that Obama is the messiah. As long as the masses believe that it couldn't be better.

Thu, 12/24/2015 - 09:57 | 6959877 Bay of Pigs
Bay of Pigs's picture

What happens next? Full employment and skittle shitting unicorns in every house.

Thu, 12/24/2015 - 10:01 | 6959889 Monetas
Monetas's picture

ISIS is looking for a few good men .... who aren't offended by public displays of goat fucking .... fuck a goat .... cut a throat ?

Thu, 12/24/2015 - 10:12 | 6959926 Last of the Mid...
Last of the Middle Class's picture

Initial jobless claims by this government is about as reliable as vaseline for preventing HIV spread in Barry's bath house.

Thu, 12/24/2015 - 10:18 | 6959944 NoPension
NoPension's picture

The only employer not downsizing, right sizing or investing in labor saving technology is..... Dadadum....

Government.

My son is a budget anylist for the Feds. He said the fluff and waste is unbelievable. He also admits, he is now a part of the "system".
He said, " Dad, I'm a housecat now". It's takes about five years, then all your killer instincts are gone. Your main job becomes keeping you head down, and don't make waves. 1st and the 15th. Like clockwork.

Thu, 12/24/2015 - 10:22 | 6959952 City_Of_Champyinz
City_Of_Champyinz's picture

Congrats to Obama, for the first time in his reign the U6 real unemployment dropped below 10%, a solid 9.9% print.

% of Americans who comprehend this unemployment rate?  Very, very low.

Thu, 12/24/2015 - 10:23 | 6959957 HenryHall
HenryHall's picture

Q. What happens next? - A. Jobless benefits are less and less so jobless claims are less and less happens next.

Fewer jobless claims does not mean fewer jobless people.

Fewer jobless claims does not mean fewer jobless people.

Thu, 12/24/2015 - 10:31 | 6959970 The Merovingian
The Merovingian's picture

Paraphrasing Mark Twain here....

There are lies, damn lies, and then there are statistics.

TPTB have an agenda and a playbook and they are running it right up the ass of the middle class. But, as Twain also said ...

History may not repeat itself but it does often rhyme.

And in that I take solace, for history has shown that eventually every oppressed people eventually rises up against tyranny and oppression by their respective rulers. And make no mistake we are being ruled, not self governed. I only hope I am prepared enough for whenever that time comes so that I can protect and sustain my family through the darkness that will follow.

Thank you ZH for being the truth tellers. Merry Christmas and Happy New Year to all ZHers everywhere for making this a great forum to engage with and learn from. You are the best!

Thu, 12/24/2015 - 10:57 | 6960067 rejected
rejected's picture

Okay ZH,,, calculate the unemployment as they did in 1970.... Dare ya!

Thu, 12/24/2015 - 11:38 | 6960179 Consuelo
Consuelo's picture

Banana Republic.

 

 

 

Fri, 12/25/2015 - 00:34 | 6962261 mkhs
mkhs's picture

I like bananas.

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