Posted on 09/27/2007 10:56:50 AM PDT by MNJohnnie
The number of laid-off workers filing claims for unemployment benefits fell to the lowest level in seven weeks, an unexpected sign of improvement for the jobs market.
The Labor Department reported Thursday that new applications for unemployment benefits totaled 311,000 last week, a drop of 9,000 from the previous week. It marked the lowest level for jobless claims since July 28.
The decline came as a surprise for economists who had been forecasting a rise in claims of around 6,000.
The four-week average for claims, which smooths out some of the volatility, also showed an improvement, falling to 320,750 from 324,250 the previous week.
(Excerpt) Read more at foxnews.com ...
Waiting to see how the MSM spins this into bad economic news!
Employers are crying for help here in Dallas/Fort Worth. Real estate is pretty cheap, as well. I don’t understand why those in high unemployment areas like Michigan & Ohio don’t relocate to here....
It’s always a surprise.
I think these guys are perpetually surprised.
Never a surprise when Clinton was pres, though, right? Unless it was a move up? Then it was an “unexpected shock that will surely be reversed soon by the progressive politics of President Clintoon.”
Let’s see. Cities cracking down on illegals, illegals flee to Canada or head home.
Americans get jobs.
Only a leftist would be surprised.
Two words: welfare benifits.
family ties...
...also...they are told Bush is from Texas and Bush sux..dontchaknow?
;)
During a Republican Administration ... any good news is apparently “surprising” to the media.
H
MSM will ‘spike’ this story.
‘MSM will ‘spike’ this story.’
Yep.
We were just down there last week to visit our new grand daughter. I was surprised to see your property values compared to here in the greater Chicago area. Property is indeed somewhat less expensive than up here. We put it to the amount of area still left to expand. Is that part of the reason?
It will be deemed “an unexpected and temporary reduction” in jobless claims.
Tighter labor markets are inflationary. Every good Keneyesian knows that. Time for the FED to jack up the interest rates and put the screws to borrowers least Jane and Joe Sixpack get too uppity. < / sarcasm >
Really instructive to compare and contrast the economic reporting under Reagan and Bush I, and Bush II with that under Clinton. The transparent bias for Democrats is just overwhelming when you compare the coverage side by sides.
Marginal economic news under Clinton was continually hyped, good economic news under Bush/Reagan was trashed.
Nope. Its due to no basements in Tornado Alley! Only the brave live here!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.