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Jobless Claims Make Big Spike To 445K
BusinessInsider ^ | Jan. 13, 2011

Posted on 01/13/2011 6:25:35 AM PST by alexbg

The number: Way worse than expectations of 415k, and a big jump last week, and a big jump from that sub-400K that we got right at the end of 2010.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy
KEYWORDS: economy; jobless; unexpected

1 posted on 01/13/2011 6:25:36 AM PST by alexbg
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To: alexbg
...a government official attributed the sharp increase largely to administrative backlogs. Some people don't file claims right away during the holiday season and state unemployment offices are open fewer hours, leading to paperwork delays.

First it was the snow, now it' the holiday season's fault!
2 posted on 01/13/2011 6:28:52 AM PST by TSgt (Colonel Allen West & Michele Bachman - 2012 POTUS Dream Team Ticket!)
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To: alexbg

Together we strive toward the Great Depression Part2!


3 posted on 01/13/2011 6:30:00 AM PST by Dr. Ursus
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To: alexbg

Very few will hear this. The swooning from the rally last night is still in full swing.


4 posted on 01/13/2011 6:30:24 AM PST by dforest
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To: indylindy

The jobless spike is all Sarah Palin’s fault don’t you know.


5 posted on 01/13/2011 6:32:45 AM PST by sunmars
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To: indylindy

THere’s that “UNEXPECTED” again!

New Deal - Roosevelt
New Frontier - Kennedy
Great Society - Johnson
Compassionate Conservativism - Bush
Unexpected - Obama


6 posted on 01/13/2011 6:33:59 AM PST by catman67
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To: alexbg

Actual unemployed figures much closer to 25 percent. IMHO, and not due for significant improvement anytime soon, unless the picture at the end of the tunnel suddenly becomes much brighter, with changes in policy that indicate the White House is interested in reality.


7 posted on 01/13/2011 6:34:25 AM PST by wita
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To: alexbg
Hey! All those temps who were thrown out of work right after the "holidays" now have to go back on unemployment.

The US Second Great Depression marches merrily on.

8 posted on 01/13/2011 6:35:52 AM PST by Logic n' Reason ("Don't start coloring until you know where the lines go.")
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To: wita

Dem commentators will say Sarah Palin and her political rhetoric are responsible for the biggest jump in unemployment in the last 6 months. They will say that lady is stealing jobs and food from kids tables with political rhetoric.

You think I’m joking, after the last few days and that monstrosity last night was plumbing new depths of disgracefullness.


9 posted on 01/13/2011 6:37:40 AM PST by sunmars
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To: wita

I know things are bad. But the way focus on the week to week numbers indicates that they really don’t understand the process.

While I believe the folks putting the numbers together really stretch to have them make sense, it is important to look at trends, averages, and seasonality.

That said, I think the people putting their expectations out in public should really adjust their perception of the world.

The old rules aren’t working, and these folks just do adjust well to changing paradigms.


10 posted on 01/13/2011 6:38:23 AM PST by Vermont Lt (Don't taze my junk bro.)
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To: alexbg

Also to blame for Jobless Claims Big Spike:

1) Glen Becks angry TV show
2) Sarah Palin’s facebook speech
3) Rhetoric from Talk Radio that promotes violence
4) Fox News negativity
5) The Tea Party promoting a climate of hate
6) Rush Limbaugh wanting Obama to fail
7) The NRA’s pro gun stance making business to fearful to hire anyone
8) Vitriol political climate caused by the GOP taking control of congress
9) Congress reading the US Constitution.
10) ...You know him!!!...You Love Him!!! as always...GW Bush!!


11 posted on 01/13/2011 6:39:43 AM PST by Le Chien Rouge
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To: alexbg

not surprising at all...


12 posted on 01/13/2011 6:40:24 AM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: alexbg

Unexpected to the “experts”, but predicted by many on this board.


13 posted on 01/13/2011 6:42:39 AM PST by Fresh Wind (TOTUS knows how to give a speech, Obama knows how to read.)
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To: alexbg

It will be revised upwards to 490,000 next week... they always have to revise them UP. We are in a depression... food shortages are coming... 5$ gas is coming... anarchy is coming.

LLS


14 posted on 01/13/2011 6:53:08 AM PST by LibLieSlayer (WOLVERINES!)
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To: indylindy
Even Glen Beck is orgasmic over obama this morning... I think he was horrible... teleprompter did its job... but even george clooney can read lines well. Most hateful, divisive and evil CiC this Nation has ever endured.

LLS

15 posted on 01/13/2011 6:59:46 AM PST by LibLieSlayer (WOLVERINES!)
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To: alexbg

16 posted on 01/13/2011 7:03:50 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: alexbg

Unexpected!

*drink*


17 posted on 01/13/2011 7:07:17 AM PST by Tax-chick (The gifts we have, we are given to share.)
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To: Tax-chick

I just got over a stomach bug...it’s Gatorade for me ;)


18 posted on 01/13/2011 7:09:39 AM PST by Hoosier Catholic Momma (Arkansas resident of Hoosier upbringing--Yankee with a southern twang)
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To: Hoosier Catholic Momma

Oh, dear. I hope you make a quick and full recovery!

I’m going to have chicken broth, because it’s freezing in here.


19 posted on 01/13/2011 7:10:40 AM PST by Tax-chick (The gifts we have, we are given to share.)
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To: TSgt

Christmas is over, stores started firing the extra help.


20 posted on 01/13/2011 7:26:44 AM PST by GailA (2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
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To: alexbg

Prices Soar on Crop Woes(U.S. Cuts Global Grain Supply Outlook)

http://www.freerepublic.com/focus/f-news/2656130/posts


21 posted on 01/13/2011 7:29:41 AM PST by GailA (2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
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To: alexbg

Word for the Day: “unexpected”


22 posted on 01/13/2011 7:29:57 AM PST by wetgundog (" Extremism in the Defense of Liberty is no Vice")
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To: alexbg

Expectedly, this was unexpected.


23 posted on 01/13/2011 7:32:38 AM PST by VeniVidiVici (My baloney has a first name, it's DEMOCRAT; my baloney has a second name, it's PARTY)
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To: LibLieSlayer

For two years now we have been forced to endure our once free country being torn to shreds. Future generations are already broke and they had no choice. We have watched our country being slandered and bankrupted by this CIC before the rest of the world. We have been robbed of our jobs and prosperity by the Democrat party. The have corrupted every thing that we hold dear and ignored the will of the people.
We have watched our soldiers be left without the ability to protect themselves. We have been forced to pay for the slaughter of the unborn and a mockery made of tragedies.

and in one night, we are now supposed to be in adoration because of one speech. A speech written for the very purpose of reelecting a disingenuous liar that never goes to church. He quotes scripture as though he does, but plenty plenty of Sunday free time for the golf course.

I am so disgusted and very sad for America. You see, it doesn’t matter if the speaker is lying and posturing for the camera. That the speaker is not really who he is prtending tobe. It’s all about the words. No matter that it was all a big show. It’s just the words made me feel so gooood!


24 posted on 01/13/2011 7:46:33 AM PST by dforest
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To: indylindy

Several typos there, sorry.


25 posted on 01/13/2011 7:47:45 AM PST by dforest
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To: alexbg

26 posted on 01/13/2011 7:48:56 AM PST by OB1kNOb (You are free to choose your actions, but never the resulting consequences.)
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To: Tax-chick

I had it a couple of days ago, and I feel fine, but certain things just don’t appeal to me right now, like alcohol. Three out of the four kids had it, and today’s the first day this week that all 3 kids have gone to school together (snow day Monday, sick days Tuesday and Wednesday). Fortunately, it wasn’t a strong bug, or we’re fast healers, or both ;)

It is in the teens outside now, but we’re supposed to warm up to the upper 40s and 50s this weekend! My husband said that it snowed 6 inches where he is in Ohio yesterday.


27 posted on 01/13/2011 8:01:02 AM PST by Hoosier Catholic Momma (Arkansas resident of Hoosier upbringing--Yankee with a southern twang)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


28 posted on 01/13/2011 8:43:19 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: indylindy

Very well thought out... I can’t add anything to it... dead on.

LLS


29 posted on 01/13/2011 8:46:19 AM PST by LibLieSlayer (WOLVERINES!)
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To: alexbg

Stimulus + Bail outs = Democrat Depression


30 posted on 01/13/2011 10:26:22 AM PST by Vaduz
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To: Nachum

It’s worse....

The advance number of actual initial claims under state programs, unadjusted, totaled 770,413 in the week ending Jan. 8, an increase of 191,686 from the previous week. There were 815,593 initial claims in the comparable week in 2010.

770,000?! Holy crap.

Now here’s reality folks - I said last week that I didn’t believe the “3 handle” folks nor that the problem was over, and that seasonal distortions and idiocy in the labor department was responsible. Of course “idiocy” implies unknowing distortion, which is a damn hard argument to make when the “errors” are all in one direction - and they both are and have been.

How about intentional lies instead?

In any event this ought to take some hot air out of people’s BS-running lungs.

The other not-good thing is that the ranks of those going back into the extended programs was up for the week of the 25th too - by 195,000.

Continue http://market-ticker.org/akcs-www?post=177208


31 posted on 01/13/2011 5:26:23 PM PST by FromLori (FromLori">)
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