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U.S. jobless claims fall but computer glitches weigh
Reuters ^ | October 17, 2013 | Reuters

Posted on 10/17/2013 6:44:57 AM PDT by John W

The number of Americans filing new claims for unemployment benefits dropped from a six-month high last week, but remained elevated as California continued to deal with a backlog related to computer problems.

Initial claims for state unemployment benefits fell 15,000 to a seasonally adjusted 358,000, the Labor Department said on Thursday. Economists polled by Reuters had expected first-time applications to fall to 335,000 last week.

A Labor Department analyst said claims in California, which has experienced technical problems during a conversion to a new computer system, remained at similar levels as in the prior week.

There had not been a perceptible increase in filings last week from non-federal workers furloughed because of the just-ended government shutdown, the analyst said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS:

1 posted on 10/17/2013 6:44:57 AM PDT by John W
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To: John W

Glitches now explain every bump in the road.


2 posted on 10/17/2013 6:51:15 AM PDT by Starboard
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To: John W

I posted a thread last week about the 60K increase. Like the MSM and talkradio, it got very little attention. It seems UE is off the radar.

I would have thought a 60K jump would have been newsworthy.

Oh! Look! Miley Cyrus has a new dance!

==

It doesn’t seem to take much to distract people.


3 posted on 10/17/2013 7:20:39 AM PDT by TomGuy (.)
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To: John W

BLS has been blaming the computers in California for over a year.

They have to blame something. There hasn’t been a major hurricane yet this season. Maybe that big snowstorm across the north central states gets blamed next week.


4 posted on 10/17/2013 7:22:24 AM PDT by TomGuy (.)
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To: Starboard

All of the govt stats are manipulated, or glitches, or under reported then revised a week later etc., into whatever is required, stretched toward whatever political goal posts are needed on the front pages for that week,

The more people they can drop off as ‘looking for a job’ the lower the ‘official’ reported unemployment numbers will be, there is no depression until your next door neighbor loses his job and then finally you don’t have a job, and the unemployment rate again drops further, ‘all is well, green shoots’

That was one of the things that bothered me about Romney, he didn’t say anything to call this lie out, clearly because he must have intended to use the same scheme when elected,

How long can they keep the lie going? Certainly not forever,

Look at the shadowstats website numbers, its beyond ridiculous already how skewed they are in opposite directions,


5 posted on 10/17/2013 7:33:25 AM PDT by captmar-vell
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To: captmar-vell

All of the economic data is “seasoned” to taste so that it will be happily consumed by an ignorant and gullible populace. Eventually, despite all of their ledgerdemain, reality will make an unwanted appearance. That time cannot be far off.


6 posted on 10/17/2013 7:41:15 AM PDT by Starboard
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To: captmar-vell; Salvation

In Oregon, the unemployment claims are going down, which is interpreted as good news. Unfortunately, the labor force numbers are also going down. Oregon’s labor force is now lower than in 2009. This doesn’t even address the increase in part-time workers.

Oregon Labor Force:
August 2013 - 1,941,253
August 2012 - 1,969,784
August 2011 - 2,017,707
August 2010 - 2,002,729
August 2009 - 1,974,072


7 posted on 10/17/2013 9:52:55 AM PDT by aimhigh
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