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Jobless claims fall, trend reading at near five-year low
yahoo ^

Posted on 02/07/2013 6:42:34 AM PST by traumer

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1 posted on 02/07/2013 6:42:38 AM PST by traumer
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To: traumer

OK I heard on the news this morning it was UP....................


2 posted on 02/07/2013 6:46:42 AM PST by blueyon (The U. S. Constitution - read it and weep)
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To: traumer

http://www.zerohedge.com/news/2013-02-07/initial-claims-miss-second-week-row-nonfarm-productivity-tumbles-most-2008

Initial Claims Miss For Second Week In A Row As Nonfarm Productivity Tumbles Most Since 2008


3 posted on 02/07/2013 6:46:52 AM PST by ltc8k6
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To: traumer
The four-week moving average for new claims, a gauge of the trend in layoffs, dropped 2,250 to 350,500. That was the lowest level since March 2008, suggesting a steady improvement in labor market conditions.

Might that not also suggest that more people than ever have run out of benefits and failed to requalify?

4 posted on 02/07/2013 6:47:11 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: traumer

My only question is how long the MSM will try to blow smoke up our rear ends on the economy. Their reporting on it has long surpassed ridiculous.


5 posted on 02/07/2013 6:47:49 AM PST by skeeter
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To: traumer

Hey kids! It’s “Fun With Numbers” Thursday!


6 posted on 02/07/2013 6:48:05 AM PST by FlingWingFlyer (Now Playing. Obama II - The Revenge of My Father.)
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To: skeeter

It’s insane. We’re all out here in the real world and know what’s happening. Amazing.


7 posted on 02/07/2013 6:49:29 AM PST by John W (Viva Cristo Rey!)
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To: traumer

Obviously, there is no one at Yahoo who can read these BS stats from BLS. Last week’s jobless rate was revised UP by 3,000, as this week’s will probably be. To see a silver lining in these pathetic numbers is to see a pile of manure and look for a pony.


8 posted on 02/07/2013 6:51:49 AM PST by txrefugee
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To: traumer

Fewer people are losing their jobs, which is great news!

But the labor participation rate (the number of people WITH jobs) has dropped steadily since BHO took office, down 3.3% or around 6 million workers.

So NET job losses are quite troubling.

http://data.bls.gov/timeseries/LNS11300000


9 posted on 02/07/2013 6:53:44 AM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: Smokin' Joe

Bump.

It is hard to continue to see a bright light in any of this.

Dems just want to grow government to control us all. The GOP just wants to outsource, leaving us all to be controlled.

How about AMERICANS, SPENDING MONEY IN AMERICA, TO HIRE AMERICANS.

Seriously.


10 posted on 02/07/2013 6:54:25 AM PST by Cringing Negativism Network
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To: Cringing Negativism Network

“unexpected”

Drink up.


11 posted on 02/07/2013 6:57:26 AM PST by EQAndyBuzz (I own a weapon to protect my family from those wanting to take that weapon away.)
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To: traumer

Being from a rural area I have an understanding of how manure spreaders work so I see the spread of Beltway BS here.


12 posted on 02/07/2013 6:59:13 AM PST by JayAr36 (A compromise between good and evil ALWAYS BENEFITS EVIL)
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To: blueyon

As noted in post#3, this is a numbers game that the MSM is playing.

See: http://www.freerepublic.com/focus/f-news/2986207/posts
for an explanation


13 posted on 02/07/2013 7:01:45 AM PST by kidd
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To: blueyon

Initial claims for state unemployment benefits dropped by 5,000 to a seasonally adjusted 366,000, the Labor Department said on Thursday. The prior week’s claims figure was revised to show 3,000 more new claims than initially reported.
Economists polled by Reuters had expected 360,000 claims last week.

Some fun with numbers...


14 posted on 02/07/2013 7:10:05 AM PST by traumer
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To: traumer
If these numbers were the stock market, this would be an absolute bear market.

In the last 4+ years unemployment has gone down, way down, and then basically has been sliding sideways week after week. Sure the numbers tick up a few thousand, or down a few thousand each measuring time, but the trend has been very, very clear — we are going nowhere economically.

There are no jobs and nothing is improving despite these little teeny sideways incremental shifts. That everybody is making such big news out of these lateral moves is profoundly discouraging.

The economy STILL sucks. There are no jobs and nobody is demanding better from Obama who keeps playing the role of David Copperfield by keeping people's focus off the economy.

Obama keeps pointing attention to the Boy Scouts, Guns, Immigration, Women in Combat, etc., all important issues on their own, but why are Americans, the MSM, not demanding that Obama focus on the economy. Why are they not asking why things are NOT getting any better after 4+ years!

15 posted on 02/07/2013 7:12:39 AM PST by Obadiah (We must commit to remove every Senate Blue-dog Democrat from office in 2014!)
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To: traumer

I just talked to my friends back in Silicon Valley. They are ALL scared or already out of work. We may be looking at a repeat of 2002 in high tech.


16 posted on 02/07/2013 7:14:03 AM PST by Zathras
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To: skeeter

The MSM is playing “Baghdad Bob” on the economy.

They want to keep you “in the game” as long as possible to milk as much out of the economy as they can before the crash.

They REALLY hate “preppers”, because we know the game they’re playing, and are planning not to be “in the same boat” when it crashes.


17 posted on 02/07/2013 7:18:11 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: skeeter

I saw at least two arrogant condescending “freepers” last week poo-pooing any bad news because the economy (to them) is obviously improving.

They haven’t seemed to check in on this thread yet.


18 posted on 02/07/2013 7:25:19 AM PST by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: treetopsandroofs; Wyatt's Torch; babble-on

Found ‘em, cc’d here.

They derogatorily call our comments a “conspiracy theory”.

http://www.freerepublic.com/focus/f-news/2984167/posts


19 posted on 02/07/2013 7:29:27 AM PST by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: traumer

Well if the Ministry of Propaganda says it’s true, who am I to argue?


20 posted on 02/07/2013 7:32:13 AM PST by dfwgator
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