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Weekly Jobless Claims Rise More than Expected by 16,000
Fox News ^ | 04/03/2014

Posted on 04/03/2014 6:46:20 AM PDT by SeekAndFind

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend continued to point to some strength in the labor market.

Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 326,000, the Labor Department said on Thursday. Claims for the week ended March 22 were revised to show 1,000 fewer applications received than previously reported.

Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 317,000 in the week ended March 29.

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, nudged up 250 to 319,500. This indicates a firmer bias in the labor market.

A Labor Department analyst said no states were estimated and there were no special factors influencing the state level data.

The government made revisions to the model it uses to smooth the claims data for seasonal fluctuations. It also revised claims data going back to 2009.

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


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: joblessclaims; jobs; media; presstitutes; unemployment; unexpected

1 posted on 04/03/2014 6:46:20 AM PDT by SeekAndFind
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To: SeekAndFind

It’s fun with Thursday job numbers once again...


2 posted on 04/03/2014 6:46:38 AM PDT by SeekAndFind (uestion)
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To: SeekAndFind

Even Fox repeats verbatim what the big state controlled news outlets print.


3 posted on 04/03/2014 6:47:26 AM PDT by skeeter
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To: SeekAndFind

Another rise in the numbers. Time for Barry and his lap dancing comrades in his “media” to do another “victory lap” in the Rose Garden.


4 posted on 04/03/2014 6:48:28 AM PDT by FlingWingFlyer (We are human beings. The debate is NEVER OVER!)
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To: SeekAndFind

Unexpected Thursday
http://www.freerepublic.com/focus/news/2594773/posts#3


5 posted on 04/03/2014 6:49:30 AM PDT by dfwgator
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To: SeekAndFind

6 posted on 04/03/2014 6:50:29 AM PDT by JPG (Yes We Can morphs into Make It Hurt.)
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To: dfwgator

LOL, we should post that every Thursday.

BUT, the big number comes tomorrow morning — UNEMPLOYMENT RATE FOR THE MONTH OF MARCH 2014...


7 posted on 04/03/2014 6:51:13 AM PDT by SeekAndFind (uestion)
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To: SeekAndFind

Unexpected!


8 posted on 04/03/2014 6:54:44 AM PDT by E. Pluribus Unum ("A man who damns money obtained it dishonorably; a man who respects it has earned it." --Ayn Rand)
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To: SeekAndFind

Pelosi said yesterday that Dems would focus now on jobs.What have they been doing about jobs for the past 5 years?


9 posted on 04/03/2014 6:55:02 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: SeekAndFind

Wait until after the elections when the 7.1 million healthcare enrollees is revised downwards.


10 posted on 04/03/2014 6:59:07 AM PDT by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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To: SeekAndFind

You know it will inch down some more. With all these new jobs being created I’m sure we can expect to see it at least no higher than 5.0% right before the November elections.


11 posted on 04/03/2014 7:12:39 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: SeekAndFind

it seems that once something becomes unexpected more than 50% of the time, that it becomes totally irrelevant considering what those so-called experts are expecting in any case. You’ll be much better off making your predictions by the flip of a coin, or predicting the exact opposite of what you think.


12 posted on 04/03/2014 7:15:59 AM PDT by MNDude
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To: Grams A

RE: I’m sure we can expect to see it at least no higher than 5.0% right before the November elections.

5.0% is the number by which anyone who really wants a job can find it. You think we’ll achieve that come Nov. 2014?


13 posted on 04/03/2014 7:18:34 AM PDT by SeekAndFind (uestion)
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To: skeeter
"The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend continued to point to some strength in the labor market."

When Bush was president, it would go something like this: "The unemployment rate fell for the eighth straight month yesterday, but some say that the numbers mask underlying economic weakness."
14 posted on 04/03/2014 7:32:24 AM PDT by Steve_Seattle
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To: Farmer Dean
What have they been doing about jobs for the past 5 years?

Defending 0 bummer's sorry record and trying to tell the voters that democrap care is working. She again claimed this week that the unaffordable health care will add 40 million jobs.

15 posted on 04/03/2014 8:02:34 AM PDT by Arrowhead1952 (The Second Amendment is NOT about the right to hunt. It IS a right to shoot tyrants.)
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To: Arrowhead1952

All they have to do is SAY that ocare has added 40 million billion trillion jobs,

and no one in the media will investigate
and if anyone disputes the claim, the media will stifle them.


16 posted on 04/03/2014 8:05:13 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Arrowhead1952

Well it has added a lot of jobs but only by using Clintonian parsing of the language.

Yes, companies have hired a lot of part timers to take up the slack for the regular employees they have converted to part time to avoid Obamacare.


17 posted on 04/03/2014 8:05:16 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: nascarnation; MrB

You can bet the LIV will believe everything the SRM reports on a daily basis.


18 posted on 04/03/2014 8:33:25 AM PDT by Arrowhead1952 (The Second Amendment is NOT about the right to hunt. It IS a right to shoot tyrants.)
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To: SeekAndFind

You think we’ll achieve that come Nov. 2014?”

Depends on whose numbers and formula are used. BO’s method will get it down to 5.0% and the MSM will report it like the good little soldiers they are. There is no way we will see the correct number reported which IMO is way of 10%.

I don’t think we will ever see unemployment at a true 5% again, at least in my lifetime. Too many jobs gone and won’t ever return. We are creating a generation of people who enjoy government handouts rather than learning to enjoy the fruits of their labor.


19 posted on 04/03/2014 8:53:58 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: SeekAndFind

These numbers are whatever they want them to be. Every time the interest rates on treasury’s start to rise then they have a weak job report. And the interest rate was rising all week. Until now.


20 posted on 04/03/2014 9:49:14 AM PDT by Revel
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To: Farmer Dean
Pelosi said yesterday that Dems would focus now on jobs.What have they been doing about jobs for the past 5 years?

Barack Obama Will Not Rest!!! 1:10min
21 posted on 04/03/2014 10:18:59 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Arrowhead1952

Add 40 million jobs?She needs to put the pipe down.


22 posted on 04/03/2014 10:24:48 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: SeekAndFind

Someone who’s not been following this would have a hard time knowing that this is actually 326,000 new people filing for unemployment. They’d think there was only an increase of 16,000 for a total of 326,000 unemployed people.

They also wouldn’t know that the increase is actually more because this number will be revised up.


23 posted on 04/03/2014 10:35:19 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: SeekAndFind

“The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend continued to point to some strength in the labor market.”

“Underlying strength, yeah, that’s the ticket!”


24 posted on 04/03/2014 10:55:25 AM PDT by headstamp 2 (What would Scooby do?)
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To: Farmer Dean
Add 40 million jobs? She needs to put the pipe down.

I think Rush played the clip yesterday or day before. She should be ashamed of her lies, but the SRM will never dare challenge her on her claims.

25 posted on 04/03/2014 11:21:33 AM PDT by Arrowhead1952 (The Second Amendment is NOT about the right to hunt. It IS a right to shoot tyrants.)
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To: SeekAndFind

More than expected

Less than expected

More than expected

Less than expected

He’s my father

He’s my brother

He’s my father


26 posted on 04/03/2014 11:46:29 AM PDT by VerySadAmerican
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To: SeekAndFind

They need a different word.


27 posted on 04/03/2014 12:08:41 PM PDT by 1010RD (First, Do No Harm)
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