Jobless claims at a four year low

[Chris]

The number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing in the Northeast held up in March, the government said Thursday, providing more signs the economy was on a growth path.

Separately, the Labor Department said its seasonally adjusted Producer Price Index increased 0.4 percent last month, quickening from January’s 0.1 percent gain.

On the labor front, initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 351,000, the department said on Thursday. That took claims back to a four-year low reached in February.

In manufacturing, the Federal Reserve Bank of New York said its Empire State index, which measures general business conditions, rose to 20.21 points -- the highest level since June 2010 - from 19.53 in February.

“This suggests that the recovery is firmly on track,” said Scott Brown, chief economist at Raymond James in St. Petersburg, Fla.

http://www.nytimes.com/2012/03/16/business/economy/jobless-claims-dip.html

 

[Lovebears65]

Fake numbers since they dont count people who stopped looking for work, people who under employed or working part time jobs..

 

[Katzndogz]

What do you expect from the crowd that believes the Volt is the best selling car in the country?

 

[Chris]

The stock market has doubled since the stimulus.
3.9 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $9 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down.
GM was saved, and is now the number one automaker in the world.
Obama has done a very good job.

 

[kwc57]

So what. This is akin to a patient brought in with a 102 temp, it rises to 106 under the doctor's care and then he claims victory when it drops to 104.

 

[Inthemiddle]

Fake numbers since they dont count people who stopped looking for work, people who under employed or working part time jobs..

New jobless claims. Did you not understand that?

 

[Chris]

U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.
Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

 

[Chris]

 

[Soggy in NOLA]

The stock market has doubled since the stimulus.
3.9 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $9 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down.
GM was saved, and is now the number one automaker in the world.
Obama has done a very good job.

The stock market is still below 2004 levels
7,000,000 jobs were lost since Obama took over
GDP is about 2%
Americans' net worth dropped by more than that amount during the Obama recession
Seasonally adjusted sales are ok and unemployment remains stagnant
GM was not saved, the bloodletting was only postponed
We're 5,000,000,000,000 more in debt than we were 3 years ago
Massive deficits as far as the eyes can see
40,000,000+ are unemployed
$5 gas
Inflation

You're a hopeless hack Chris.

 

[Uncensored2008]

Fake numbers since they dont count people who stopped looking for work, people who under employed or working part time jobs..

Unemployment numbers didn't go down, because many people who were not looking for work have returned to the job pool.

This is actually the first positive news for employment since that incompetent hack Obama stated occupying the Whitehouse.

 

[FuelRod]

At some point there is no where to go but up.

 

[Chris]

Obama has added 3.9 million jobs since 2009.

Here’s what Bush left us with.....

Aug 2008 - 334,000 net JOBS LOST
Sep 2008 - 458,000 net JOBS LOST
Oct 2008 - 554,000 net JOBS LOST
Nov 2008 - 728,000 net JOBS LOST
Dec 2008 - 673,000 net JOBS LOST
Jan 2009 - 779,000 net JOBS LOST

 

[FuelRod]

 

[iamwhatiseem]

BWHAHAHAHAHAHAAAAAAAA!!!!!!!

Look at Chris's chart here folks...we were only in a recession for a little over a year - and it ended in early 2009!!!

 

[Uncensored2008]

The stock market has doubled since the stimulus.

False.

The DOW was at 9200 when Porkulus passed. It is not anywhere near 18,000.

3.9 million private sector jobs have been created since 2009.

Complete bullshit.

GDP has been growing since 2009.

At the lowest rate since Jimmy Carter. A paltry 1.8% for 2011.

Americans net worth is up $9 trillion dollars since 2009.

I have no reason to believe anything you post, since flat out lies are most of the points - but any gains are in the stock market, a return of equity in 401K plans.

Given property value losses, though - there is little doubt that your claim is yet another lie.

Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down.

ROFL

Did you type that with a straight face?

BWAHAHAHAHAHAHAHA

Absurd lies...

GM was saved, and is now the number one automaker in the world.

Toyota was the #1 auto maker until a Tsunami took out Japan. GM is not doing well.

{General Motors said Friday that it is temporarily suspending production of the Chevrolet Volt following disappointing sales.

General Motors told the Associated Press Friday that the company will shut down production of the Volt from March 19 until April 23, idling 1,300 workers at its Detroit-Hamtramck assembly plant. }

GM Suspends Chevy Volt Production After Poor Sales | News & Opinion | PCMag.com

Obama's "Peoples Car" seems to be tanking...

Obama has done a very good job.

The same level of truth in this as the rest of the lies you posted.

 

[Chris]

BWHAHAHAHAHAHAAAAAAAA!!!!!!!

Look at Chris's chart here folks...we were only in a recession for a little over a year - and it ended in early 2009!!!

Can't handle the truth?

 

[Inthemiddle]

According to the National Bureau of Economic Research the recession began in December 2007, and ended June, 2009.

 

[kwc57]

Obama has added 3.9 million jobs since 2009.

Here’s what Bush left us with.....

Aug 2008 - 334,000 net JOBS LOST
Sep 2008 - 458,000 net JOBS LOST
Oct 2008 - 554,000 net JOBS LOST
Nov 2008 - 728,000 net JOBS LOST
Dec 2008 - 673,000 net JOBS LOST
Jan 2009 - 779,000 net JOBS LOST

And yet......

http://www.usmessageboard.com/polit...asdaq-reaches-11-year-high-2.html#post4958986

You're moving up in life Chris. No longer a 99%'er, you are a 20%'er.

 

[pinqy]

Fake numbers since they dont count people who stopped looking for work, people who under employed or working part time jobs..

Why should INITIAL UNEMPLOYMENT CLAIMS count people who didn't make intitial employment claims?

 

[Oldstyle]

The stock market has doubled since the stimulus.
3.9 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $9 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down.
GM was saved, and is now the number one automaker in the world.
Obama has done a very good job.

Ah, yes...the same old, Chris... "Obama is great" spam post!

Here's a little dose of reality for you...

Unemployment? In order to just keep up with population growth we have to add around 1.5 million jobs a year. So if it's 2012 and 3.9 million jobs have been added since 2009 then you do the math... Just to keep unemployment at the same level through those three years we needed to add 4.5 million jobs. If we added 3.9 million we're not winning the battle...we're more or less treading water. That's why the unemployment numbers haven't been coming down despite all the different ways people like you try to spin them to put a better face on it. When you factor in the trillion dollars that Barack Obama spent supposedly to "stimulate" job creation then a result of treading water really isn't an accomplishment at all. Just as a hint? When you have to create a new statistic..."jobs saved"...then you know that your program to create new jobs has been rather unspectacular.