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U.S. Jobless Claims Fall, Hint At Firming Labor Market
FOX BUSINESS ^ | 11/21/2013

Posted on 11/21/2013 6:22:12 AM PST by SeekAndFind

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting some strengthening of labor market conditions.

Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 323,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported.

Economists polled by Reuters had expected first-time applications to fall to 335,000 last week.

The four-week moving average for new claims, which irons out week-to-week volatility, fell 6,750 to 338,500.

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


TOPICS: News/Current Events
KEYWORDS: joblessclaims; jobs; unemployment
It's fun with Thursday jobs numbers once again.
1 posted on 11/21/2013 6:22:12 AM PST by SeekAndFind
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To: SeekAndFind

Christmas hiring. Though I wouldn’t believe a damn thing coming out of this government anymore.


2 posted on 11/21/2013 6:24:03 AM PST by headstamp 2 (What would Scooby do?)
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To: SeekAndFind

The numbers mean nothing. That was proven this week.

You don’t have a higher percentage out of work than ever, fewer percentage jobs than ever, and claim that unemployment is getting better in the same breath.

That by itself proves that the LEGAL definition of U3, without any cheating at all, is a big con game.


3 posted on 11/21/2013 6:26:17 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: SeekAndFind

Shhhhh!

If someone informs Barack ‘Karl Marx’ Obama that someone, somewhere, is making money, he’ll demand a cut.

He has to keep himself in golf clubs, ya know.


4 posted on 11/21/2013 6:26:20 AM PST by Jack Hammer
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To: SeekAndFind

For a long time, the numbers for the previous week have been ‘adjusted up’ at 2,000.

Then, it went to 4,000.

Now, it is up to 5,000.

And, when there is a significant change, they just blame the California computer system.

==

Of course, the Census Bureau report earlier this week that the numbers were drastically manipulated just before the 2012 election has been basically ignored.


5 posted on 11/21/2013 6:28:09 AM PST by TomGuy (.)
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To: SeekAndFind

“U.S. Jobless Claims Fall, Hint At Firming Labor Market” now even Fox takes dictation from the White House. Are these people for real? Why bother posting ANYTHING they put out?


6 posted on 11/21/2013 6:30:34 AM PST by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: headstamp 2
Christmas hiring.

Does not affect initial claims for state unemployment benefits. Why would you think so?

7 posted on 11/21/2013 6:31:52 AM PST by 1rudeboy
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To: SeekAndFind

Due to Government Holiday, last week was only 4 days.


8 posted on 11/21/2013 6:32:33 AM PST by Roccus
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To: xzins

They never give you the info about how many people are no longer filing cause their time is up or they just got frustrated and quit filing. It sure as heck isn’t because people are finding jobs. Although, if I was looking for one, I could have one in a day here. We constantly see help wanted signs wherever we go. They may not be the CEO job but if you’re hungry you take what you can. Well a lot of folks would. Then there’s the “That’s beneath me” folks. That’s why I appreciate the kids that still take jobs in the FF industry while a lot of their friends would never think of working at McD’s.


9 posted on 11/21/2013 6:34:47 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: Roccus

I notice that last week’s first time jobless claims number was 336,000.

Then today, they report that jobless claims FELL by 21,000 to 323,000. That means they adjusted last week’s jobless claims number to 344,000 ( and even last week they said that the job market is firming ).

I have been looking at this jobless claims numbers since 2009. Almost every week, they would adjust the numbers UPWARDS.

I have yet to see a downward adjustment.

I’m willing to bet the 323,000 this week will be adjusted UPWARDS again next week (together with comments that the job market is getting better ).

Some things just never change.


10 posted on 11/21/2013 6:43:34 AM PST by SeekAndFind
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To: SeekAndFind

Always, wait a few weeks for the back-page 6-font upward correction.


11 posted on 11/21/2013 6:45:18 AM PST by SgtHooper (If at first you don't succeed, skydiving is not for you.)
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To: TomGuy
The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid increased 66,000 to 2.88 million in the week ended Nov. 9

Fewer applications, but more recipients. OK, is it just me being dense, or this a further example of the contradictory Orwellian BS in this?

12 posted on 11/21/2013 6:47:15 AM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: SeekAndFind

Bingo.

Your observation is completely accurate.

100%.


13 posted on 11/21/2013 6:47:16 AM PST by Cringing Negativism Network
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To: SeekAndFind

There are the “Numbers” and then there are the “Revised Numbers” and then there are the “Real Numbers”.


14 posted on 11/21/2013 6:56:11 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: SeekAndFind
So, ever since the big bad Shutdown... GDP increased, the deficit (for October) decreased, and jobs-related data has- at least according to the ever-so trustworthy big gov. officials- slightly improved (as much as they can under Obamanomics, at least).
15 posted on 11/21/2013 6:56:28 AM PST by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: SeekAndFind
I stopped paying attention to BLS propaganda long ago.
16 posted on 11/21/2013 6:57:56 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: headstamp 2

Amazon warehouses here in Indy are literally begging for evening shift workers. This isn’t min wage either, more like 12 bucks/hr.

Like the Mike Rowe ad says, these days everybody wants to sit in the corner office, not build a corner office.


17 posted on 11/21/2013 7:01:12 AM PST by nascarnation (Wish everyone you see a "Gay Kwanzaa")
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To: SeekAndFind; All

How long before the backs break of the few remaining workers in this nation?


18 posted on 11/21/2013 7:23:52 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: rktman

I would take any job if I needed a job.

I can’t recall ever having a job that didn’t have a stepping stone process to higher levels and higher pay.


19 posted on 11/21/2013 7:36:21 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: ChildOfThe60s; SeekAndFind

In other news, the chocolate ration has been increased from 30 to 25 grams per week!


20 posted on 11/21/2013 7:39:43 AM PST by Deo volente (God willing, America shall survive this Obamanation.)
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To: xzins

LOL! Unless it was a union shop. Then the most you can hope for (if you’re just a mediocre worker with no aspirations as a lot of them are) is to become the shop steward or local rep. On rare occasions if you show any sort of desire to progress, you end up a traitor to the shop and move in to management. That would be EVIL management.


21 posted on 11/21/2013 7:40:08 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: rktman

Moving from worker to management is just what I’m talking about, and leaving the union behind is no big deal. I’ve done it before, and no one firebombed me. Most of the union guys want to be left alone to go home and do their own thing. Very few true believers in their midst.


22 posted on 11/21/2013 7:43:20 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

Roger that. I did the same. Lucky for me I still had the respect of the workers because I treated them like adults and pretty much laid it on the line. I was pre-”lyin’ king” by telling them “If you like your job, you can keep your job”. “If you don’t feel like doing your job, I will document your actions as required and you won’t have one.” Never had a grievance filed against me because everybody knew where they stood. As the years passed, I moved in to engineering and had to interface with the union guys less and less. As the contract for what we were doing came nearer to ending, the folks got angrier and angrier. It was weird to watch the transition.


23 posted on 11/21/2013 7:51:37 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: SeekAndFind

Ah yes... once again comes the mirage of the “improving jobs market,” followed by the “unexpected” rise in claims the following week.


24 posted on 11/21/2013 8:01:58 AM PST by ScottinVA (Obama is so far in over his head, even his ears are beneath the water level.)
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To: SeekAndFind

Figures lie and liars figure!


25 posted on 11/21/2013 8:13:20 AM PST by Parmy
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To: headstamp 2

Agree....any numbers coming out of washington right now are about as useless as obama.


26 posted on 11/21/2013 8:31:46 AM PST by ealgeone (obama, border)
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To: SeekAndFind

If you believe in fairy tales raise your hand. :-)


27 posted on 11/21/2013 8:46:50 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: All


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28 posted on 11/21/2013 8:48:15 AM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: headstamp 2

“U.S. Jobless Claims Fall,”

Fall , or False ?


29 posted on 11/21/2013 9:05:01 AM PST by UCANSEE2 (The monsters are due on Maple Street)
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To: SeekAndFind

If they used the same standards from when Bush was in office, unemployment would be 11-12%. Epic fail.


30 posted on 11/21/2013 9:41:52 AM PST by KC_Conspirator
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