Jobless claims at a four year low

Discussion in 'Politics' started by Chris, Mar 15, 2012.

  1. Chris
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    Chris Gold Member

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    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
     
  2. Lovebears65
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    Lovebears65 Gold Member

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

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    What do you expect from the crowd that believes the Volt is the best selling car in the country?
     
  4. Chris
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    Chris Gold Member

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    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.
     
  5. kwc57
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    kwc57 BOHICA Obama

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    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.
     
  6. Inthemiddle
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    Inthemiddle BANNED

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    New jobless claims. Did you not understand that?
     
  7. Chris
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    Chris Gold Member

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    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
     
  8. Chris
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    Chris Gold Member

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    [​IMG]
     
  9. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    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.
     
  10. Uncensored2008
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    Uncensored2008 Libertarian Radical Supporting Member

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    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.
     

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