Jobless claims drop to lowest level since 2008

Discussion in 'Politics' started by Rinata, Oct 11, 2012.

  1. Rinata
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    Rinata Gold Member

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    The number of Americans filing for unemployment benefits dropped to a 4-1/2 year low last week, suggesting that hiring may be picking up after stalling since the spring.

    The Labor Department reported Thursday that new jobless claims dropped a seasonally-adjusted 30,000 to 339,000, the lowest since February 2008. The four-week moving average, considered a more accurate gauge of labor market conditions, slid 11,500 to 364,000.

    The report is the second slice of good news for the ailing job market in less than a week. President Barack Obama is in an increasingly close battle with GOP rival Mitt Romney with less than a month to go until the presidential election and upbeat data on housing and jobs recently could help boost Obama's chances.

    Jobless claims drop to lowest level since 2008 - Economy Watch
     
  2. Amazed
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    Amazed BANNED

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    Well it would be great except that ONE very LARGE State didn't report....ya oughta do your homework.
     
  3. Warrior102
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    Warrior102 Gold Member

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    Sure - and Obama is doing a wonderful job too.

    The "Labor Dept." ????

    Who heads that?

    Isn't' that a political appointee job (Obama)?

    Sure it is.
     
  4. Bigfoot
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    Bigfoot NRA

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    LOL, what a load of crap!
     
  5. naturegirl
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    naturegirl Silver Member

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    Whoops, California forgot to turn in a report. Pelosi made sure. :)
     
  6. Leweman
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    Leweman Gold Member

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  7. Rinata
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    Rinata Gold Member

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    I knew I'd get some ridiculous responses from the right. You're the first one!!! That's the best you can do??
     
  8. Rinata
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    Rinata Gold Member

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    Jealousy and fear are a bad thing. :lol:
     
  9. Leweman
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    Leweman Gold Member

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    The best he can do? That's kind of a big deal there ya know?
     
  10. Misty
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    Misty Gold Member

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    Thats cuz Cali's unemployment is at 10.1%. That's at least what they are admitting to, remember democrats run it.
     

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