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US unemployment claims fall to 326K, 5 ½-year low
AP via San Francisco Chronicle ^ | August 1, 2013 | Paul Wiseman

Posted on 08/01/2013 5:58:53 AM PDT by John W

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To: Red in Blue PA
Anecdotal, but in the past couple of weeks, I've talked with four people who've lost their jobs. Three layoffs, and one guy who was told that his contract wouldn't get renewed at the end of the year due to lack of $$$$$..

They're all in the same location (NC) but in all different disciplines.

We're way overdue for some shakeups in the market, this might be the beginning of it. Or not. :-)

21 posted on 08/01/2013 7:06:13 AM PDT by wbill
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To: John W

The onslaught of the “29ers” !!
I knew it would solve all our problems.....


22 posted on 08/01/2013 7:08:05 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: wbill

Same here in Atlanta. I have a lot of friends who survived purges from 2008/2009 (in various occupations) who have lost their jobs in the past month.


23 posted on 08/01/2013 7:33:23 AM PDT by crusadersoldier
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To: crusadersoldier

We get a week’s worth of fake good national economic news on the heels of things beginning to look somewhat bleak even in states and localities that have bucked the bad trend because of more conservative leadership. When this phoney baloney mess blows up it will not be pretty.


24 posted on 08/01/2013 7:47:44 AM PDT by John W (Viva Cristo Rey!)
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To: John W

Nobody knows what the real numbers are — only that they are higher than reported. In 6-8 weeks these numbers will be quietly revised upwards without comment.

0bama has been the worst President for the economy and job creation.


25 posted on 08/01/2013 7:49:53 AM PDT by kevinm13 (Tim Geithner is a tax cheat. Manmade "Global Warming" is a HOAX!)
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To: John W

WOW !!! Obama’s pivot to jobs and economy in Speech Form is working


26 posted on 08/01/2013 7:50:54 AM PDT by molson209 (Hillary Clinton)
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To: Lucky9teen

“because they can’t anymore, because they’ve been unemployed THAT long.”

Not to mention unemployment is a one year service so those that go from job to job during that year and get laid off are not counted. There is a tremendous number of temporary workers including “contractor” engineers. I know many people that have been laid off from several jobs during a year period that are not counted in these numbers.

We just hired 250+ people in February and have laid off all but 50 so far. Many of those had been laid off within the previous year, but none of those are counted in these numbers.


27 posted on 08/01/2013 7:52:52 AM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: John W
...jive jibe with the...
28 posted on 08/01/2013 8:55:13 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Red in Blue PA

Stop believing your lying eyes and swallow the official numbers. Like a good comrade.


29 posted on 08/01/2013 9:14:56 AM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: rockrr
Obama rather opt for failed Solyndra jobs than good paying jobs provided by Keystone.
30 posted on 08/01/2013 9:15:42 AM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Windflier

Good point.


31 posted on 08/01/2013 9:48:46 AM PDT by John W (Viva Cristo Rey!)
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