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Applications for US unemployment benefits fall to 304,000, close to a 7-year low
http://www.foxnews.com/us/2014/07/10/applications-for-us-unemployment-benefits-fall-to-304000-close-to-7-year-low/ ^ | July 10, 2014 | FOX News

Posted on 07/10/2014 6:27:24 AM PDT by ConservingFreedom

WASHINGTON – Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

The Labor Department says weekly applications for unemployment aid dropped 11,000 to a seasonally adjusted 304,000. That's not far from a reading of 298,000 two months ago, which was the lowest since 2007, before the Great Recession began. [...]

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS:

1 posted on 07/10/2014 6:27:24 AM PDT by ConservingFreedom
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To: ConservingFreedom
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

An, in related news, the Titanic has stopped sinking.

2 posted on 07/10/2014 6:29:31 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: ConservingFreedom

Great news! 20 trillion dollars later and we’re back to square one!


3 posted on 07/10/2014 6:30:01 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: ConservingFreedom

Short holiday week


4 posted on 07/10/2014 6:31:46 AM PDT by Bruce Kurtz
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To: ConservingFreedom

Blah blah blah.

Bring back American jobs.

Jobs. Stop importing everything.


5 posted on 07/10/2014 6:33:08 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Bruce Kurtz

Bingo.

Holiday week.


6 posted on 07/10/2014 6:38:28 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Bruce Kurtz

Bingo.


7 posted on 07/10/2014 6:39:06 AM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: ConservingFreedom

Fewer and fewer people have jobs to lose.


8 posted on 07/10/2014 6:43:34 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: Cringing Negativism Network

You really are a one trick pony, aren’t you?


9 posted on 07/10/2014 6:44:12 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: ConservingFreedom

Most people’s benefits ran out several years ago.


10 posted on 07/10/2014 6:45:18 AM PDT by Jack Hammer
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To: P-Marlowe

Nope.

I support American jobs.

I also post on other topics.


11 posted on 07/10/2014 6:45:26 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: ConservingFreedom

Yeah, it’s because they’re all collecting disability. No one’s working because democrats pay them to sit home.


12 posted on 07/10/2014 6:46:37 AM PDT by GOPJ (The Media is Obama's Scandal Condom - Greg Gutfeld)
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To: P-Marlowe

Exactly!

At this point, they should be providing the percentage of the still working population this represents to provide some context to this statistic (that will be revised upward later).


13 posted on 07/10/2014 6:47:14 AM PDT by PTBAA
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To: ConservingFreedom

Unemployment benefits expired for about 1.3 million people in December 2013, and about 2 million people have had their benefits run out since then.

The senate voted to extend unemployment benefits in March, but the house did not take up the bill.


14 posted on 07/10/2014 6:48:57 AM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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15 posted on 07/10/2014 6:52:18 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: Cringing Negativism Network
I support American jobs.

What are you doing to bring back American jobs, other than bitching that other people aren't doing it?

What jobs do you want to bring back?

And how do you propose we get them back?

Most of the manufacturing jobs and agriculture jobs are being done by legal and illegal immigrants because they are willing to work for minimum wage (or less).

Perhaps you would be willing to put all your life savings at risk to create some AMERICAN jobs? What job would you create?

16 posted on 07/10/2014 6:52:24 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: P-Marlowe

I have a job.

What I am saying is we have a MASSIVE trade deficit with the Peoples Republic of China.

Massive.

We buy something along the lines of 440 billion dollars of goods (last year) from the ChiComs.

We only sell around 122 billion dollars of goods to them. (again, last year)

Every single year, we buy billions and billions of dollars more from China, then we sell to them.

Yet China manipulates their home market, to “protect” it.

We are selling out America, while China continues a massive protected home market.

That is flat-out wrong.

Bring back jobs, to America.


17 posted on 07/10/2014 6:56:32 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
I have a job.

Then give it to someone else, and create an American Job.

Your posts are filled with platitudes about American Jobs, yet you offer no solutions. From what I read your solution would be for the United States to follow the example of China and manipulate the markets.

Well the average Chinese man works 16 hours a day and probably makes $10-$15 a day. If they don't work, they are sent to work camps where they will work for free.

If Americans worked like that, then we'd have plenty of American Jobs.

Is that the kind of jobs you want Americans to take? Forced jobs in a centralized economy?

Just thank God you have a job, and if you want more American Jobs, then create them. Hire some enterprising teenager to do your yard and paint your fence. Maybe someday he will become a landscaper or a contractor.

18 posted on 07/10/2014 7:04:17 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: ConservingFreedom
Unemployment benefits have not been extended. Eventually, people can't apply for them because they have no jobs. The labor participation rate is far more indicative of what is happening in terms of employment.


19 posted on 07/10/2014 7:08:22 AM PDT by kabar
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To: P-Marlowe

I believe out government needs to step in, and start protecting American workers.

How is a (big) question, but America cannot continue to operate the way we now do.

Both parties, are selling out our own country. China is very rapidly, about to take the global lead. If they haven’t already.

China is (rapidly) growing.

Yet we continue to blindly just send US jobs to China. We don’t even really own the factories, we are sending our jobs to. Just as minority interests. And the workers are certainly not American.

GOP stand up. Support American jobs.


20 posted on 07/10/2014 7:11:32 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Bruce Kurtz
Short holiday week

Not only that, but hurricane Arthur was brushing up the eastern coast causing evacuations in several places.

21 posted on 07/10/2014 7:15:31 AM PDT by Cementjungle
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To: ConservingFreedom
It's an election year, therefore the numbers coming from Fedzilla are not to be believed. The Dems face a shellacking in November, so expect more of this fun with numbers.
22 posted on 07/10/2014 7:18:20 AM PDT by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
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To: Cringing Negativism Network
Yet we continue to blindly just send US jobs to China.

If you owned a company that made a widget and you had a choice to hire a bunch of hard working people who worked 16 hours a day for $16 a day or you could hire someone who worked 8 hours a day for $16 an hour, plus you had to pay the government $1.12 per hour for Social Security and withhold another $1.12 per hour for the worker to pay his portion of Social Security, and then you had to pay the insurance company $4.00 per hour for Workers Compensation Insurance, and you had to pay 64 cents per hour for unemployment insurance, and you had to pay environmental waste fees on the goods you produced, plus you had to submit your business to dozens of county, city, State, and Federal inspections..... where would you choose to have your widget manufactured?

The only way America can keep these jobs is to lower the wages of Americans down to slave labor wages, or raise a tariff on all imported goods so that everything we buy would cost as much or more than it would cost for the same manufacturer to make it and sell it here.

So unless you are going to propose that solution and go through with it, then you are just whistling past the graveyard.

23 posted on 07/10/2014 7:24:33 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: Cringing Negativism Network
GOP stand up. Support American jobs.

We need to support American jobs for American workers. Moving our jobs abroad is a problem, but so is replacing American workers with legal immigrants and guest workers. We bring in 1.1 million legal permanent immigrants a year and 640,000 guest workers annually. They are taking American jobs and depressing wages. Where is the outrage about that?

24 posted on 07/10/2014 7:27:02 AM PDT by kabar
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To: P-Marlowe

I don’t agree with you.

America is in a (very large) crisis right now.

Millions of what used to be American jobs, are being now done by Chinese workers, and even the American owners now only hold minority positions.

China is very rapidly growing, to challenge America.

We cannot continue to pass. We have passed for over an entire generation.

Both parties have passed.

America needs to bring American jobs back.

Now.


25 posted on 07/10/2014 7:28:12 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: ConservingFreedom

More BS from the Beltway Manure Factory. It is impossible for the regime to tell the truth anything they say is 90% lies.


26 posted on 07/10/2014 7:28:15 AM PDT by JayAr36 (OLD ENOUGH TO REMEMBER WHEN THIS A FREE COUNTRY)
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To: kabar

Actually I believe people are (starting) to support American jobs over imported cheap workers.

What I don’t see is even one small movement, toward bringing jobs back from Asia.

Don’t get me wrong. I lived in Asia, I am not anti-Asian. I am however very much for rebuilding our own country.

China is not the super-cheap manufacturing place it once was. Sure it’s still cheap, but now other considerations start to play a role.

I am just saying we need to start supporting American jobs.

The GOP needs to start supporting American jobs.

The GOP.


27 posted on 07/10/2014 7:34:00 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
Actually I believe people are (starting) to support American jobs over imported cheap workers.

Oh really. And exactly how has the translated into reduced legal immigration and numbers of guest workers? Just the opposite is happening in terms of public policy. The Gang of 8 bill supported by 14 GOP senators will triple legal immigration over the next decade to 33 million and double the annual intake of guest workers to 1.4 million.

Most Reps support increasing the guest worker programs. There are more than 50 House GOP congressmen who support amnesty. The people who count are the corporate paymasters, not middle class Americans.

What I don’t see is even one small movement, toward bringing jobs back from Asia.

They will bring them back once American wages decline to the level of Asian salaries.

Don’t get me wrong. I lived in Asia, I am not anti-Asian. I am however very much for rebuilding our own country.

You rebuild it by making the business climate in America more conducive than the one abroad. Taxes, regulatory constraints including those impacting the environment, higher cost labor, etc. all go into the calculus businesses use to decide where to locate their operations. We can't compel businesses to stay here. There are reasons why they move abroad.

I am just saying we need to start supporting American jobs. The GOP needs to start supporting American jobs.

Those are meaningless platitudes. You need to include specifics in your rants. For example, wouldn't it make sense to reduce legal immigration and the number of guest workers? Do you see the connection?

28 posted on 07/10/2014 7:46:45 AM PDT by kabar
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To: PTBAA

Another fake story with a phony statistic.


29 posted on 07/10/2014 7:48:50 AM PDT by gr8eman (A good rant should have the word "crap" in it at least 4 times!)
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To: kabar

I agree with you, that we need to control immigration.

Totally.

Both of our parties are currently doing nothing, about what is becoming an ever-bigger problem.


30 posted on 07/10/2014 7:59:53 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
I agree with you, that we need to control immigration.

We are controlling legal immigration now. Specifically, do you support reducing legal immigration and the guest worker programs substantially?

Both of our parties are currently doing nothing, about what is becoming an ever-bigger problem.

If you are referring to illegal aliens, I agree. However, this is a different problem. Our legal immigration policies are importing huge numbers of legal foreign workers who are competing against Americans and depressing wages.

31 posted on 07/10/2014 8:21:26 AM PDT by kabar
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To: kabar

Hi sorry for the delay.

I don’t actually support our guest worker program.

I don’t support sending US jobs abroad either.

I believe we should bring back US jobs right here to the USA, and I believe US workers should make a lot of the stuff which we have sent to be built in China and elsewhere.

So I’m sort of a throw-back actually.


32 posted on 07/10/2014 7:37:35 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
I had the impression you are a libertarian who believes in the free flow of labor. You still have not addressed legal immigration and the fact that we bring in 1.1 million legal permanent immigrants a year. It needs to be reduced allong with the guest worker programs if we want more Americans working.

American jobs will return if we have the right environment for them. There are reasons why businesses move offshore. Unless we address them, we will see more businesses move abroad. We can't force them to stay here.

Both parties have abandoned the American worker.

33 posted on 07/10/2014 9:36:36 PM PDT by kabar
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