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 ...
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.
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.
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.
Ah yes... once again comes the mirage of the “improving jobs market,” followed by the “unexpected” rise in claims the following week.
Figures lie and liars figure!
Agree....any numbers coming out of washington right now are about as useless as obama.
If you believe in fairy tales raise your hand. :-)
“U.S. Jobless Claims Fall,”
Fall , or False ?
If they used the same standards from when Bush was in office, unemployment would be 11-12%. Epic fail.
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