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Weekly jobless claims up more than expected
AP ^ | 7-23-09

Posted on 07/23/2009 5:45:17 AM PDT by truthandlife

Edited on 07/23/2009 6:13:20 AM PDT by Admin Moderator. [history]

WASHINGTON - The number of newly laid-off workers seeking jobless benefits rose last week, though the government said its report again was distorted by the timing of auto plant shutdowns.

Unemployment insurance claims have declined steadily since the spring, but most private economists and the Federal Reserve expect jobs to remain scarce and the unemployment rate to top 10 percent by year-end.

Excerpted


TOPICS:
KEYWORDS: economy; jobs; obamanomics

1 posted on 07/23/2009 5:45:17 AM PDT by truthandlife
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To: truthandlife

but Rahm said they fixed it. We are a death spiral until these people are removed from office.


2 posted on 07/23/2009 5:46:37 AM PDT by ilgipper
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To: truthandlife

Good thing Obama rescued the economy, eh Rahm?


3 posted on 07/23/2009 5:47:27 AM PDT by Juan Medén
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To: truthandlife

You have to ask yourself how many jobs are going to be loss before these idiots in the White House and congress realize that all their spending is killing our economy and country.


4 posted on 07/23/2009 5:48:43 AM PDT by Sprite518
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To: truthandlife
I just want to know when this F’ing Administration OWNS the economy... It can't be “Bush's Fault” forever! Wake up Obamination voters... The emperor’s clothing is off!
5 posted on 07/23/2009 5:49:21 AM PDT by bfh333 ("Hope"... "Change"... You better HOPE you have some CHANGE after the next 4 years!)
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To: truthandlife

But, but, but HitlerII0bama said this would happen so it is ok.

6 posted on 07/23/2009 5:50:18 AM PDT by Dubya-M-DeesWent2SyriaStupid! (Obama, the first ever 3 in a half year, lame duck TOTUS)
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To: truthandlife
What's funny to me is if the 635,000 figure was met, they'd say, "well....that's what we expected."

Like that's a good thing on its own.

7 posted on 07/23/2009 5:50:48 AM PDT by edpc (01010111 01010100 01000110 00111111)
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To: truthandlife

When’s that economic report coming out? The one the White House is sitting on? That ought to confirm it.

Housecleaning in 2010, Pelosi must go! After that, ti should be easy to send Oboomba packing in 2012.


8 posted on 07/23/2009 5:51:23 AM PDT by SueRae
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To: truthandlife

Impossible - according to Rahm, “...we rescued the economy from the worst recession,...”


9 posted on 07/23/2009 5:51:31 AM PDT by meyer (Obama's failure is America's Success.)
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To: truthandlife

Misery will continue until Obama is gone. He has created so much trouble for the future. Not one day has passed without him creating racial tension.

he lies and lies and is not called out by people as a flat out liar.


10 posted on 07/23/2009 5:52:02 AM PDT by dforest (Who is the real Jim Thompson? I am.)
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To: truthandlife
and... more people feeling like they need socialist healthcare.

obama is intentionally crippling America's economy.
11 posted on 07/23/2009 5:53:04 AM PDT by chuck_the_tv_out (click my name)
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To: ilgipper
I walked into my client's small business yesterday afternoon shortly after closing and got in on the back end of a "come to jesus" business meeting. Pretty much from what I gathered, all 22 of his employees were there.

He said that his CPA and his partner have decided to let four (4) employees go if his taxes for his business (not personal) or healthcare costs go up. The 5.4% rise for millionares would seriously affect his business if implemented. He said that those employees will have the choice of either healthcare only in lieu of a paycheck, paycheck only with no healthcare, or hit the door.

This guy's newest employee has been with him for only ten years.

12 posted on 07/23/2009 5:53:24 AM PDT by DCBryan1 ( Arm Pilots&Teachers. Build the Wall. Export Illegals. Profile Muslims. Execute child molesters RFN!)
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To: truthandlife

He is strangling the US economy and markets when they need exactly the opposite, to be freed up with tax cuts etc. But the American sheeple voted for socialism and they got it (those that know what socialism is).


13 posted on 07/23/2009 5:53:44 AM PDT by Rennes Templar (Jim Thompson for POTUS)
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To: truthandlife

14 posted on 07/23/2009 5:54:33 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: truthandlife
Lies! It must be. 0 said last night that he had “stabilized” the economy. Those evil Republicans are probably filing multiple unemployment claims fraudulently to make 0 look bad. ;-)
15 posted on 07/23/2009 5:56:24 AM PDT by IMissPresidentReagan (I AM JIM THOMPSON! Huckaboob is Joy Behar's Favorite Republican RuPaul=W.Jennings Bryant of today.)
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To: truthandlife

But, but last week new claims came in lower then expectations and...and we were told it was getting better and we have nothing more to worry about.

How can that be....?


16 posted on 07/23/2009 5:56:28 AM PDT by 101voodoo
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To: truthandlife

Not important. We all know he inherited it. What a lying coward he is.


17 posted on 07/23/2009 5:56:57 AM PDT by jersey117
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To: truthandlife

As long as the unemployment payments come in his base will stay with him.


18 posted on 07/23/2009 5:57:06 AM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: Sprite518

“....before these idiots in the White House and congress realize that all their spending is killing our economy and country....”
The ghouls, goblins and demons that make up this band of “idiots” know exactly what they’re doing and its being done deliberately. We, as a nation, are being systematically destroyed without a shot ever being fired...all done from within utilizing our own form of govt. It has been in the planning for many years and is now coming home to roost. Pretty sad, really.


19 posted on 07/23/2009 5:59:59 AM PDT by lgjhn23
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To: truthandlife
I'm shocked!!!!

Photobucket

Not really..........

20 posted on 07/23/2009 6:00:08 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: truthandlife

But how many jobs were saved? :)


21 posted on 07/23/2009 6:00:54 AM PDT by mainepatsfan
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To: truthandlife

Ummm...this data is from April genius.


22 posted on 07/23/2009 6:01:50 AM PDT by franklog
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To: edpc
they'd say, "well....that's what we expected."

Obama will say that's less than we expected and we saved jobs from being cut.

23 posted on 07/23/2009 6:01:58 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: bfh333
I just want to know when this F’ing Administration OWNS the economy

The second we see any economic growth at all no matter how anemic.

24 posted on 07/23/2009 6:02:57 AM PDT by mainepatsfan
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To: truthandlife

But Obama said last night that they had fixed the recession.

Obama will claim he “saved” 500,000 jobs. It could have been a lot worse had it not been for the messiah.


25 posted on 07/23/2009 6:03:16 AM PDT by KansasGirl
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To: Sprite518
You have to ask yourself how many jobs are going to be loss before these idiots in the White House and congress realize that all their spending is killing our economy and country.

If I'm not mistaken it's 316. That is the total number of Democrats elected to office in D. C.

26 posted on 07/23/2009 6:03:30 AM PDT by armymarinedad (Support, v., To take the side of; to uphold or help.)
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To: SueRae
Housecleaning in 2010, Pelosi must go!

I agree she MUST go, but ya gotta remember what district she represents (Sodom Francisco). They're quite happy with having the treacherous b!tch in Congress doing her part to destroy the country.

27 posted on 07/23/2009 6:03:51 AM PDT by ScottinVA
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To: b4its2late

If you think the “Stimulus” is working, talk to someone who’s not.


28 posted on 07/23/2009 6:03:55 AM PDT by laconic
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To: truthandlife

I’m sure the MSM is going to put the happy spin on this one.


29 posted on 07/23/2009 6:04:33 AM PDT by tobyhill (The Communist are here)
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To: truthandlife

The article is dated April 23, 2009.


30 posted on 07/23/2009 6:04:35 AM PDT by Retired Chemist
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To: truthandlife
The Labor Department said Thursday that initial claims for unemployment compensation rose to a seasonally adjusted 640,000, up from a revised 613,000 the previous week. That was slightly above analysts’ expectations of 635,000.

The old "report low numbers and revise up later" trick so the media can spout the economy is beating expectations while, in reality, it is not meeting expectations.

31 posted on 07/23/2009 6:04:35 AM PDT by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: franklog

April?


32 posted on 07/23/2009 6:04:42 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: b4its2late

He’d probably try. Problem is, they’ve cornered themselves with the 8% unemployment figure they used as the ceiling if porkulus was passed.


33 posted on 07/23/2009 6:05:42 AM PDT by edpc (01010111 01010100 01000110 00111111)
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To: truthandlife
Happy jobless recovery!

SNORT.

34 posted on 07/23/2009 6:06:25 AM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: truthandlife

“Weekly jobless claims up more than expected”

Deja Vu.


35 posted on 07/23/2009 6:06:35 AM PDT by rockinqsranch (Dems, Libs, Socialists...Call 'em What you Will, They ALL have Fairies Living In Their Trees.)
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To: truthandlife

This week’s numbers went up by at least one: me.


36 posted on 07/23/2009 6:06:42 AM PDT by clintonh8r (General James Mattoon Scott: Where are you now that we need you?!)
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To: truthandlife
Image and video hosting by TinyPic
37 posted on 07/23/2009 6:07:12 AM PDT by SoFloFreeper
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To: b4its2late
The article is dated April 23. The real numbers are here
38 posted on 07/23/2009 6:07:16 AM PDT by franklog
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To: truthandlife
Image and video hosting by TinyPic

WE FIXED THE ECONOMY...

39 posted on 07/23/2009 6:07:30 AM PDT by SoFloFreeper
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To: b4its2late; Admin Moderator
April?

April...lol.

Probably can be safely removed from "Breaking News" I'd think.
40 posted on 07/23/2009 6:07:32 AM PDT by mmichaels1970
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To: Retired Chemist

Right...

This week the numbers rose to 554,000 seasonally adjusted.

Continuing claims dropped by 88,000.

A normal healthy economy still has 300-350,000 new weekly claims...


41 posted on 07/23/2009 6:07:59 AM PDT by eraser2005
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To: rockinqsranch
Deja Vu.

Welcome Back, Carter

Welcome back, your dreams were your ticket out.
Welcome back to that same old place that you laughed about.
Well the names have all changed since you hung around,
But those dreams have remained and they’re turned around.

42 posted on 07/23/2009 6:09:14 AM PDT by meyer (Obama's failure is America's Success.)
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To: truthandlife

Fixed, thanks.


43 posted on 07/23/2009 6:14:33 AM PDT by Admin Moderator (I AM JIM THOMPSON!)
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