And intitial unemployment claims continue to go down.

Discussion in 'Politics' started by pinqy, Dec 15, 2011.

  1. pinqy
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    pinqy Gold Member

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    In the week ending Dec 3rd, 528,793 people applied for UI benefits with their state (there's always a surge in the first week of Dec, probably because it's the week after Thanksgiving). Last week, ending Dec 10th, 433,287, (95,506 fewer) applied.

    But wait, it's Christmas season, UI claims always go down 2nd week of Dec. So seasonally adjusted to eliminate the usual decrease, the change was from 385,000 to
    366,000...a drop of 19,000. 366,000 claims (seasonally adjusted) is the fewest number of claims since May 2008.

    In a couple of weeks, we'll get to see how many from state and federal programs are receiving benefits.
     
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  2. Oldstyle
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    Oldstyle Gold Member

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    Get back to me when you want to use numbers that accurately portray what's going on out there with jobs. At the moment we've got the largest number of long term unemployed since the Great Depression and when the majority of their benefits run out they simply stop being counted. They literally fall through the cracks in our joke of a system for determining unemployment levels.
     
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  3. SFC Ollie
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    SFC Ollie Still Marching

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    Our government has been lying about the Unemployment numbers for so long I doubt they even know the truth any more.....
     
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  4. ba1614
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    ba1614 Silver Member

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    Just wait for the adjusted adjusted numbers! :eusa_shifty:
     
  5. pinqy
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    pinqy Gold Member

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    Well, that's monthly with the Employment situation. This is number of claims, and new claims are steadily decreasing, almost back down to pre recession levels.

    True, though it's getting better.
    Absolutely untrue. The Unemployment rate has never been based on UI benefits. If you're looking for work, you're unemployed regardless of whether you ever applied for benefits or even if you ever had a job.
     
  6. pinqy
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    pinqy Gold Member

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    I await your evidence. Keeping in mind of course that disagreeing about definitions is not mean someone with a different definition is lying. If you want to include kindergarteners as unemployed, that's fine, but it doesn't mean the govt is lying when it doesn't.
     
  7. Jarhead
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    Jarhead Gold Member

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    3 years, a trillion dollars...and we are seeing a "tick" in the right direction.

    Makes you wonder....

    No money spent...no government intervention...leave the private secotrr alone and let them do what they do........would we have seen that tick a lot sooner?
     
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  8. Jarhead
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    Jarhead Gold Member

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    well...seeing as the left is saying..

    "look, things are getting better..."

    Maybe they should than the GOP for not allowing Obama to have a second stimulus?

    For the first one did nothing of value...and the lack of a second one resulted in good news..

    So where is the left saying "thank you GOP...you got this one right"?
     
  9. Oldstyle
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    Oldstyle Gold Member

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    And if your benefits have run out and you're so discouraged that you stop looking for work you're not counted. Did THAT person suddenly cease to exist? Obviously not but for our system of counting the unemployed? They did.
     
  10. SFC Ollie
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    SFC Ollie Still Marching

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    Keep telling yourself that........ I'm sure it helps........
     

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