Skip to comments.Jobless Claims - The Economic Miracle That Wasn't
Posted on 12/29/2013 5:32:29 PM PST by Nachum
The noise in the jobless claims data over the past few months has been unprecedented and yet the impressive jump lower in recent weeks has been trumpeted as the all-clear for Tapering and as a signal that the recovery is 'real' this time. Except, thanks to a huge 'glitch' in Florida's new CONNECT unemployment claims website, the data is completely FUBAR...
Via The Miami Herald,
The story so far...
Floridas ongoing claims for unemployment benefits plummeted to the lowest level in six years from mid-October to early December. The average of 20,000 fewer weekly claims from the prior nine weeks represents a plunge of 18 percent, the sharpest decline in 15 years.
Yet rather than herald an improving job market, chalk up Floridas shrinking claims numbers instead to the troubled debut of the states unemployment claims website, CONNECT.
And echoing Obamacare's SNAFU...
Since its October launch, the $63 million website has been plagued by glitches, sowing confusion and despair among many of the 235,000 claimants who file every other week to help pay for essentials like food and rent.
Difficulties in logging on or navigating CONNECT have precluded thousands from collecting.
With significant implications...
Im about to be thrown out on the street, said Allen Schwalb of Seminole, who was laid off from a warehouse job in October but as of this week had yet to receive any benefits despite many attempts to file. The state now owes me $1,400 for eight weeks of unemployment. I dont know what I will do if I dont receive it soon.
(Excerpt) Read more at zerohedge.com ...
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Since Obama took office, the US population has increased by 12 million, yet the number of people employed has decreased by one million.
Funny this same glitch has happened in the past with California, throwing the numbers lower. Accident?I think not.
I don’t believe any of the definitions of glitch rise to, or is that sink to the depths of the current resident.
I bet he would love to use Mao's method to reduce the unemployment numbers.
GOPe will basically agree, offering similar but watered-down plans.
Except it hasn’t been there in years. And even if it was, what difference would it make?
Just an attack on Rick Scott. Florida’s economy recovery has far exceeded national averages, and the Miami and Tampa media markets are just doing their bidding to boost Charlie Crist and defeat the Republican.
That’s what Obamacare is for ... to thin the herd.
I’ve helped a few people, who were victims of the 50 employee O-care threshold, with this website. It is, truly, an archaic, unintuitive, and chaotic p.o.s. site harkening to the days of the early interweb. Some are at 8 weeks and not a single cent. This is with attached pdf’s of the actual letter of dismissal from the employer, along with satisfying the search requirements. The time put in is hardly worth the $275 max. weekly benefit.
Much of it is government hiring for stupid things like Obamacare and that government employment is welfare employment. It is make work jobs and the expense of the government.