Skip to comments.Jobless Claims Make Big Spike To 445K
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 ...
Together we strive toward the Great Depression Part2!
Very few will hear this. The swooning from the rally last night is still in full swing.
The jobless spike is all Sarah Palin’s fault don’t you know.
THere’s that “UNEXPECTED” again!
New Deal - Roosevelt
New Frontier - Kennedy
Great Society - Johnson
Compassionate Conservativism - Bush
Unexpected - Obama
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.
The US Second Great Depression marches merrily on.
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.
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.
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!!
not surprising at all...
Unexpected to the “experts”, but predicted by many on this board.
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.
I just got over a stomach bug...it’s Gatorade for me ;)
Oh, dear. I hope you make a quick and full recovery!
I’m going to have chicken broth, because it’s freezing in here.
Christmas is over, stores started firing the extra help.
Prices Soar on Crop Woes(U.S. Cuts Global Grain Supply Outlook)
Word for the Day: “unexpected”
Expectedly, this was unexpected.
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!
Several typos there, sorry.
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.
The list, ping
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Very well thought out... I can’t add anything to it... dead on.
Stimulus + Bail outs = Democrat Depression
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.
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