Jobless Claims Hit Three-Month High

Discussion in 'Economy' started by JBeukema, Apr 30, 2011.

  1. JBeukema
    Offline

    JBeukema BANNED

    Joined:
    Apr 23, 2009
    Messages:
    25,613
    Thanks Received:
    1,703
    Trophy Points:
    0
    Location:
    everywhere and nowhere
    Ratings:
    +1,705
    Jobless claims increased by 25,000 to 429,000 in the week ended April 23, the most since late January, Labor Department figures showed today in Washington. The government anticipates a drop in unadjusted applications during the Good Friday holiday week, something that didn’t happen this year, a Labor Department spokesman said.

    Jobless Claims Hit Three-Month High | FrumForum
     
  2. Trajan
    Offline

    Trajan conscientia mille testes

    Joined:
    Jun 17, 2010
    Messages:
    29,048
    Thanks Received:
    4,751
    Trophy Points:
    48
    Location:
    The Bay Area Soviet
    Ratings:
    +4,756
    I am curious as to why ADP doesn't have a forecast figure for April unemployment. They usually give us a taste like 3-4 days ahead.....
     
    • Thank You! Thank You! x 1
  3. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,683
    "Unexpectedly" right? :lol:
     
  4. bigrebnc1775
    Offline

    bigrebnc1775 Diamond Member

    Joined:
    Jun 12, 2010
    Messages:
    64,004
    Thanks Received:
    3,798
    Trophy Points:
    1,790
    Location:
    Kannapolis, N.C.
    Ratings:
    +4,830
    Yep just like the GDP is at 1.8 Unexpectedly :lol:
     
    • Thank You! Thank You! x 1
  5. Pepe
    Offline

    Pepe Senior Member

    Joined:
    Jun 3, 2010
    Messages:
    153
    Thanks Received:
    36
    Trophy Points:
    46
    Location:
    Tennessee
    Ratings:
    +36
    It's been lowered to 1.75.

    Shazaaaaaaaaaaaaaaaaaaaam

    Ain't gubmit math fun, I mean fuzzy?
     
    • Thank You! Thank You! x 1
  6. bigrebnc1775
    Offline

    bigrebnc1775 Diamond Member

    Joined:
    Jun 12, 2010
    Messages:
    64,004
    Thanks Received:
    3,798
    Trophy Points:
    1,790
    Location:
    Kannapolis, N.C.
    Ratings:
    +4,830
    They will have the numbers out as soon as they can skuew them to fit the talking point of obama's:lol:
     
  7. bigrebnc1775
    Offline

    bigrebnc1775 Diamond Member

    Joined:
    Jun 12, 2010
    Messages:
    64,004
    Thanks Received:
    3,798
    Trophy Points:
    1,790
    Location:
    Kannapolis, N.C.
    Ratings:
    +4,830
  8. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,873
    Thanks Received:
    1,791
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,884
    Uncle Ferd says dey even got a machine dat'll wring farts outta shirt-tails atta dry cleaners now...
    :eek:
    Industries the jobs recovery forgot
    May 16, 2011 -- Think of them as the industries the recovery has left behind. Construction. Finance and insurance. Media.
     
  9. expat_panama
    Offline

    expat_panama Silver Member

    Joined:
    Apr 12, 2011
    Messages:
    2,461
    Thanks Received:
    252
    Trophy Points:
    98
    Ratings:
    +253
    Here are the claims numbers that have been out since last Thursday:

    ------Initial-Continuing
    7-May 434K
    30-Apr 474K 3756K
    23-Apr 429K 3733K
    16-Apr 404K 3641K

    We've been seeing this a lot, that initial claims hold steady/taper off while continuing claims soar. AKA more and more laid-off people fighting for jobs that aren't coming back.
     
  10. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,873
    Thanks Received:
    1,791
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,884
    Foreclosure sales point to slow recovery...
    :eusa_eh:
    Sales of foreclosed homes 'astronomically high' in first quarter
    26 May`11 - Huge backlog of distressed properties means any housing recovery is a long way away
     

Share This Page