Applications for US unemployment benefits drop to 363,000, consistent with modest hiring

The Washington Post ^ | November 1, 2012 | Associated Press

[John W]

WASHINGTON — Applications for U.S. unemployment benefits dropped 9,000 to a seasonally adjusted 363,000 last week, a level consistent with modest hiring.

The report comes just before Friday’s October jobs data, the last broad snapshot of the economy before the presidential election Tuesday. The still-weak job market has been a top issue for voters.

[John W]

An interesting headline from the AP.

[Paladin2]

"a level consistent with modest hiring."

The Economy - prepping for sending Zer0 to Hawaii.

[Yashcheritsiy]

modest hiring

I.e., stores are starting to take on temp workers for the upcoming holiday season, and have been since mid-October.

[Tulane]

Anybody thinking the number tomorrow doesn’t drop to under 7.8 is dreaming. There is absolutely no chance Hilda Solis and her band of thugs won’t cook the books. None.

I would bet everything I own that the number drops and the press goes crazy over it.

[Rennes Templar]

“modest hiring”...how about pitiful hiring...

[SoFloFreeper]

Optimism that Obamugabe will be FIRED in 5 days.

[harpu]

Can’t wait to see the revision numbers that come out Thursday, November 8th...bet they drop from today’s reported.

[ScottinVA]

My question is: With Hurricane Sandy raging along the Eastern Seaboard this week, did ALL agencies get their data reported? I find it a bit difficult to believe they did.

[traderrob6]

You wouldn’t know it from the article but last weeks was upwardly revised to 371,000.

The 82nd upward revision in 83 weeks.

Any doubt that this week will be upwardly revised as well?

[John W]

That seemed to be left out of several articles I looked at.

[Right Brother]

The rosy economic numbers will all be back to doom and gloom come late January after Mitt is sworn in.

[Gene Eric]

Did WaPo include reference to the downward adjusted payroll numbers?

[lacrew]

It was 369k last week...before the revision.

[AaronInCarolina]

My question is: With Hurricane Sandy raging along the Eastern Seaboard this week, did ALL agencies get their data reported? I find it a bit difficult to believe they did.

It's not just whether agencies are open to report the data. A bigger question is how many unemployed people in affected areas were stuck in their homes during this week and could not get out to file a claim? I'm guessing thousands at least.

[Red Badger]

Tomorrow's October Report will be very interesting..........

[snarkytart]

Yes they leave that out don’t they? I’m just shocked they wrote “STILL WEAK JOB MARKET” in the damn story.

[Gasshog]

too little too late. OweBama stinks to high heaven except to his skin brothers and others mooching off Uncle.

[dfwgator]

I wonder if Clarence Beeks is on Obama’s payroll?

[GOPsterinMA]

“Optimism that Obamugabe will be FIRED in 5 days.”

I've actually been thinking if any REAL economic upturns, tiny as they are, have been the result of the first POTUS debate where this election looks to have turned R/R.

I suspect next Wednesday will signal the start of a collective exhale across the nation, and the world, in general.

[The Sons of Liberty]

Tomorrow's October Report will be very interesting....

I'd bet cash money that you'll have to look LONG and HARD to find any logic, truth or reality in the report. It will be an all out attempt to save the kenyan commie liar.