Skip to comments.Jobless claims fall by largest amount since July
Posted on 02/11/2010 5:36:16 AM PST by The Magical Mischief Tour
WASHINGTON (MarketWatch) - First-time claims for state unemployment benefits fell by the largest amount since July. The number of initial claims in the week ending Feb. 6 fell 43,000 to 440,000. This was a sharper drop than expected.
(Excerpt) Read more at marketwatch.com ...
to be revised at a later date
I like to put things in perspective for the math challenged that can't understand what 440k of people losing their job last month really means.
Many are off the numbers now as their unemployment checks are up...God help them!!!! Imagine if you had no money coming in, how do you pay the mortgage, food, electric? What a mess to be in. My heart goes out to the unemployed. And please spare me the comments about being on the Government dull....before you open your mouth and insert your foot, think...think about how you would feel unemployed, using up your savings and then no unemployment check coming in..It is scary as h*ll!!!
Job hunters have a different opinion of this “rebounding” economy.
I do not understand how the number of unemployed is up and the percentage is down>
That could merely mean their unemployment benefits expired.
Who gives a rat’s arse if a few thousand more or less didn’t?
You’re right. Thousands of people in the workforce die each month and in most cases, they have to be replaced.
Expect more and more propaganda, and manufactured statistics leading up to the elections.
They can manufacture all the statistics they want.
Individuals in dire financial straits don’t care about “statistics” and are going to vote accordingly.
The Hope and Change thing is going to bite the Rats in the butt.
my thoughts too.
remember how this white house said the GDP rose in the last quarter but it came out it weeks later never rose anything like that and the MSM hardly covered that story and now they;’re in overdrive again.
Lets say Bush was still in the MSM would report this as unemployment goes up , more and more people claiming, nearly a half million.
the MSM have been in love with obama since he came on the scene back at the Dem convention.
Now these figures come out and the MSM says we’re seeing a great improvement, .
The only way the MSM would even report any realy truth to obama is if they saw their own 401k’s gong down quickly and wherre they get affected directly .
Still to them they’re good, they have a house, a job, and decent money coming in so screw the average working class.
Yes remember that class the working blue collar class, the class which has been forgotton.
They say middle class is around 80 grand a year well wife and I don’t make anything like that put together so are we peasant class?
The class which works hard, long hours but do not get freebies and pay taxes but are forgot.
if it were a republican in the white house the MSM would be reporting how the real figures are and not the under 10% are unemployed.
How many times have we heard the MSM report the other millions or the % figures of the country who have lost unemployment , out of work, can’t get a job etc?
NEGATIVE 43,000!! Things are looking up! That’s MUCH better than shedding 500,000 jobs a month. Obama is a genius and a miracle worker. Praise Marx!
and if it were a republican in power the real numbers would be counted and reported by the MSM, but of course this is their lover and they have to spin this as best as they can.
I blame the voters who voted for this idiot for treating the election like it’s American idol and also the voters who voted based on color but I also blame the so called MSM who have not done their job since he came on the scene, it is truly sickening to see them bend over and kiss his toes.
“Those 440,000 other people, whom actually lost their jobs, are just tickled pink!”
Hardly even an equilibrium - which is somewhere in the 200,000s...Also, we’re still sitting at 16.5 to 21.5% seasonally adjusted, non-seasonally adjusted U6 rates or even higher Shadow Government Stats [http://www.shadowstats.com/], discouraged workers...
Yeah, it’s peachy out there...
They’re grasping at any straw to save their straw messiah.
“and if it were a republican in power the real numbers would be counted and reported by the MSM, but of course this is their lover and they have to spin this as best as they can.”
Aint that the truth...hmmmph.
I am a retired Army Col with 2 tours in Iraq under my belt. I would like to see the movie “7 Days in May” rewritten with a different ending. God help our country.
What happens when all the discouraged workers, that they’re no longer counting (??) head back into the market...we’ve a long way out of these woods...thanks obambi.
I don't think so, the press is just as short sighted no matter who is in power.
My son is not unemployed but is working a temp job to get some money. Many people are in the same fix. No benefits and long hours for crap money. There are several business’s taking advantage of this economy to use temporary services
to pay low wages and no benefits. Thanks Obama
Red is red. Let us know when we get into the black and actual unemployment is being reduced.
People running through their benefits and dropping off the rolls doesn't count. I'm in agreement that true unemployment borders 20%.
The "percentages" are the number of people our government pays an unemployment check to every week. Not the number of people that are actually unemployed. Just because the number of people that are receiving a check has fallen it does not mean the number of people that are unemployed has gone down. It simply means that those that have been on unemployment the longest are now falling off the ledgers because they have reached the end of the period of time they are allowed to receive benefits.
On a side note. I find it odd that no one ever mentions the tens of thousands of self employed people that are out of work. I'm talking about all the small businessmen and women that are the backbone of American business. Those people that hire 2, 3, 4 or 5 people at most but that are now out of work themselves. Those people are not eligible for unemployment benefits even though they too are out of work. They are also NOT HIRING.
This country is sooooooo screwed and if something's not done to legally remove the illegal alien from the White House's Oval Office not only is the United States screwed but so too is the rest of the world.
Where are our military officers? Do any of you remember the "OATH" you took?
I, [name], do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God.Shameful at best if not treasonous to do nothing.
If it matters to anyone I do apologize for the errors.
Only 440,000 new unemployment claims! Happy days are here again! Let’s party!
Anyone adding up the total unemployment?
At this rate, there will be no private industry jobs by November of 2012. I wonder what the consequences of that will be.
Thank you for your 2 tours off duty/service to our country...Glad to have you back home. God Bless
I wonder if we are going to get the 13th consecutive monthly upward “revision” in a row, so that the Dems get the headline today, and the footnote next Saturday night giving us the real number.
This will probably have to keep happening for another decade before the stupid press figures it out......that assumes, of course, that they are remotely capable of figuring.
Well, after a while there are not too many folks left to fire.
Typical MarketWatch article.
48-point font for this story.
Next week when they revise the numbers and we see something closer to the truth, it will be in 2-pt font at the bottom of some unrelated page.
DON’T READ MARKETWATCH ARTICLES. JUST READ THE COMMENTS FROM THOSE WHO KNOW WHAT THEY’RE TALKING ABOUT.
Wanna bet the snow and the lack of fed workers in DC have resulted in non-reporting and these stats are incomplete?
Wait for next week when the real reality of the four days off the feds took for snow, really hits the stats.
Can’t file for unemployment when the govt office is closed.
How many times do we have to be accosted by these lies? In a waeek or two the numbers will be “surprisingly” higher.
When will GOD strike these liars down?
This is like carrying a gas can to a fire. This just PISSES me off more every month!
Washington doesn't do Basic Math. They do Obfuscation With Numbers and Other Numerical Ploys.
Hint: "Unemployed" is not the same as "not working." If you were "unemployed" for the last twelve months but have now decided to pack it in and live off your relatives, for the purpose of the official numbers, you are no longer "unemployed."
Many have maxed out on their unemployment benefits and are therefore no longer reporting to the state "Employment Office" and thus are dropped from the calculation.
Vote Independent, screw the enablers!!!!!!!!!!
Uh, that’s the University of Michigan Big House, so you need another 1/4th of a stadium to get to 440K
Lets not forget the fact that small business owners who go under are not included in these numbers either.
Hold on, is the 440,000 number “lost jobs in a week”? Please confirm! Is that 440,000 within 7 whole days?
Could it be that there’s no one left to fire????
One cannot confront another from another from his own black race. However, whites confront others of the “white” race every day!
Steele must go, or the GOP is toast for me. I knew when Barry won the TOTUS the race card would be trumping everything.
Barry, The Muslim, has learned from History. Barry has 35 months to continue his Islamic deeds.
Only 440,000 people lost jobs in Washington state in the last week?
Things are really getting better.
“”””””On a side note. I find it odd that no one ever mentions the tens of thousands of self employed people that are out of work. I’m talking about all the small businessmen and women that are the backbone of American business. Those people that hire 2, 3, 4 or 5 people at most but that are now out of work themselves. Those people are not eligible for unemployment benefits even though they too are out of work. They are also NOT HIRING.””””””””””
I share shop space and land with six other small businesses. We have been together for years in this communal relationship. We are all the typical small business types. 3-4 employees, self employed, ineligible for unemployment.
This winter, so far, THREE of the companies have folded.
They don’t show up on any unemployment statistics anywhere.
No one has surveyed this household. This IS taxation without representation.
These pricks must go! And the angry gun toting, bible carrying crowd IS NOT getting smaller.
Posts of the day!!!
EVERY Conservative/Republican running for office should use your words as there talking points; they’d win 98% of the time.
Perfectly stated points!
People have either exhausted their unemployment benefits or quit looking, thus fewer claims.
Those figures don’t tally how many Americans are out of work, just how many have filed claims. In this pr0l0nged recession, it’s not an accurate measure of misery.
Giving some hope that the recovery is picking up steam!
Layoffs aren’t the only way to shed jobs. Business failures work quite as well.
I figure that Florida and Texas have been not participating in the depression. We don’ like’at. Time to share the misery.
Stop the presses! We don’t suck as much as we did last week! Lets have a party.