Skip to comments.Jobless benefit claims skyrocket in week
Posted on 11/15/2012 10:07:07 AM PST by Arthurio
WASHINGTON, Nov. 15 (UPI) -- The U.S. Labor Department Thursday said first-time jobless benefits claims rose by 78,000 in the week ending Saturday.
Initial claims jumped out of a relatively comfortable 355,000 claims -- the third lowest week since the recession ended in June 2009 -- to 439,000 with the four-week rolling average up 11,750 to 383,750.
The weekly figure has been volatile of late -- rising by 46,000 one week in mid-October, for example, but a one-week jump of 78,000 is a clear setback. First time claims have not been this high since the week of April 30, 2011.
Read more: http://www.upi.com/Business_News/2012/11/15/Jobless-benefit-claims-skyrocket-in-week/UPI-95111352997324/#ixzz2CJdJvYYB
(Excerpt) Read more at upi.com ...
Things get darkest just before the total blackout.
And under the Obamadork, you ain’t seen nuttin’ yet.
there's no lose for this current group of liars and frauds...
May I be first to say “that was unexpected.”
Imagine that! It is as incomprehensible that a young woman protesting her virtue after having come up pregnant, “it must have been from a toilet seat!”....
Does anyone think Reuters, AP, UPI or any of the other alphabet MSMs are so ‘shocked’...
My only comment, if I were black and could say so in public like all black comedians “N-word, please!”
We was lied to. Surprise, surprise.
Pennsylvania and Ohio made up of most cuts per Rush
You aint seen nothin yet folks.
This is the Obama nightmare just getting into full swing.
“Under my plan of bustin’ a cap in America’s a**, jobless benefit claims would necessarily skyrocket.”
And also “Bush’s fault.”
Sandy Obama is everywhere wreaking hovoc on the job market!
Otter Obama to Flounder Pennsylvania and Ohio: "You f***** up... you trusted us! Hey, make the best of it!"
Unemployment rate is a survey where people are asked are you looking for work? People who affected by Sandy, yes are not working but they also are not looking for work, but looking for gas and power.
Obviously someone else had the same thought.
I think we're pretty safe starting to reference the Obama administration as the 'Erkel Years'.
Not unexpected anymore.
The good news is, that despite the flurry of layoff announcements, the unemployment rate will surely tick down to 7.0% at the end of November. By the end of Obummers term in 2016, the unemployment rate will be 2%, despite only about 50,000 people actually working full time nationwide.
Big noisy media vilification campaign against Grrrrrrreeeedy Eeeeeeeeevil Employers who are HOARDING PILES OF CASH commencing in 3......2.......1......
I think that's partly true. There were some lower numbers for a week or so because Sandy messed up the reporting. So I'd say maybe half of the increase belongs to the last couple of weeks, and the rest is for this week. Still a 400k week, and not good news.
For perspective that’s like laying off 2/3 of the entire population of Alaska.
Did the full article also mention that the “comfortable 355,000 per week” were all revised upward as expected!