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Today's First Time Unemployment Claims at 330,000
Posted on 1/9/14 at 12:44 pm
Posted on 1/9/14 at 12:44 pm
Today's Headlines:
"Weekly claims tumble, fanning hopes for labor market thaw" - CNBC
LINK
"Jobless Claims Decrease
Fewest Claims in a Month Show U.S. Labor Market Mending: Economy" - Bloomberg
LINK
"Labor market data suggest economy strengthening" - Reuters
LINK
So, my question to those headline writers is this:
When first time claims were BELOW 330,000 no less than TEN TIMES between July 27, 2013, and November 30, 2013. did those numbers indicate a "labor market thaw", the "labor market mending" or the "economy strengthening"?
If so, why did the new claims number range from 339,000 to 380,000 in the four weeks following Nov. 30th?
----------
Also, think about this statement: "The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid rose 50,000 to 2.87 million in the week ended Dec. 28. " Do the math. Think about it again ...
"Weekly claims tumble, fanning hopes for labor market thaw" - CNBC
LINK
"Jobless Claims Decrease
Fewest Claims in a Month Show U.S. Labor Market Mending: Economy" - Bloomberg
LINK
"Labor market data suggest economy strengthening" - Reuters
LINK
So, my question to those headline writers is this:
When first time claims were BELOW 330,000 no less than TEN TIMES between July 27, 2013, and November 30, 2013. did those numbers indicate a "labor market thaw", the "labor market mending" or the "economy strengthening"?
If so, why did the new claims number range from 339,000 to 380,000 in the four weeks following Nov. 30th?
----------
Also, think about this statement: "The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid rose 50,000 to 2.87 million in the week ended Dec. 28. " Do the math. Think about it again ...
4
Posted on 1/9/14 at 12:49 pm to NHTIGER
The labor market has been improving for 4 years according to the media.
If it has been improving for 4 years, shouldn't it be fine by now?
If it has been improving for 4 years, shouldn't it be fine by now?
Posted on 1/9/14 at 12:51 pm to NHTIGER
Cool, I guess we don't need to extend unemployment benefits.
Posted on 1/9/14 at 1:14 pm to NHTIGER
I would imagine the media has to be sore as shite from carrying all that water for Barry.
Posted on 1/9/14 at 2:44 pm to NHTIGER
quote:
Today's First Time Unemployment Claims at 330,000
quote:
initial week of aid rose 50,000 to 2.87 million in the week
2,870,000 people continuing after first week on unemployment
330,000 New on
sounds like the wrong way to go
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