Jobless Claims Increase...

[paulitician]

Do you know someone who's been laid off recently? I do. Yet they keep telling us Unemployment is going down. What a scam.


The number of U.S. workers filing applications for jobless benefits rose last week, continuing an uneven pattern that suggests job creation was likely modest in July.

Separately, factory orders unexpectedly fell in June, the latest sign that the slowing economy is sapping demand.

Initial jobless claims, an indication of layoffs, increased by 8,000 to a seasonally adjusted 365,000 in the week ended July 28, the Labor Department said Thursday. Economists surveyed by Dow Jones Newswires had forecast 370,000 new applications for jobless benefits last week.

Claims for the July 21 week were revised up to 357,000 from an initially reported 353,000.

A Labor Department official said claims are volatile in July due to temporary layoffs in the automotive industry...

Read More:
Jobless Claims Increase - WSJ.com
DRUDGE REPORT 2012®

 

[jillian]

Private sector adds 163,000 jobs in July

WRAPUP 4-U.S. companies add 163,000 jobs, but manufacturing falters | Reuters

 

[pinqy]

Do you know someone who's been laid off recently? I do. Yet they keep telling us Unemployment is going down. What a scam.

Who has been saying that? The Unemployment level went up in May and again in June. And not just lay offs, but total unemployment. The July data will be released tomorrow.

 

[paulitician]

Private sector adds 163,000 jobs in July

WRAPUP 4-U.S. companies add 163,000 jobs, but manufacturing falters | Reuters

Yes, everything is just peachy in Obamabot Hopey Changey Land. We hear ya.

 

[Rat in the Hat]

Private sector adds 163,000 jobs in July

WRAPUP 4-U.S. companies add 163,000 jobs, but manufacturing falters | Reuters

It's strange that Reuters is reporting 163,000 jobs, yet CNNMoney is only reporting 95,000.

The Labor Department is scheduled to issue its July jobs report on Friday. Economists surveyed by CNNMoney expect the report to show employers added 95,000 jobs and the unemployment rate remained at 8.2% in July.

First time claims for unemployment benefits rise - Aug. 2, 2012

It will be interesting to see which one got it right when the report is released tomorrow.

 

[paulitician]

Do you know someone who's been laid off recently? I do. Yet they keep telling us Unemployment is going down. What a scam.

Who has been saying that? The Unemployment level went up in May and again in June. And not just lay offs, but total unemployment. The July data will be released tomorrow.

The Dear Leader and his Bots. He done saved the World don't ya know.

 

[Conservative]

Since Chris gives Obama credit when the jobless claims fall, I expect him in here any second to blame Obama now that the jobless numbers went back up.

 

[pinqy]

Private sector adds 163,000 jobs in July

WRAPUP 4-U.S. companies add 163,000 jobs, but manufacturing falters | Reuters

It's strange that Reuters is reporting 163,000 jobs, yet CNNMoney is only reporting 95,000.

The Labor Department is scheduled to issue its July jobs report on Friday. Economists surveyed by CNNMoney expect the report to show employers added 95,000 jobs and the unemployment rate remained at 8.2% in July.

First time claims for unemployment benefits rise - Aug. 2, 2012

It will be interesting to see which one got it right when the report is released tomorrow.

The Reuters article is citing the ADP data. ADP measures only their own clients and that's all private sector. Further in the article they say:

The ADP figures come ahead of the government's much more comprehensive labor market report on Friday, which includes both public and private sector employment.

That report is expected to show nonfarm payrolls rose by a modest 100,000 last month, while the unemployment rate is seen staying the same at 8.2 percent.

which is close to the CNN prediction of 95,000

 

[pinqy]

Do you know someone who's been laid off recently? I do. Yet they keep telling us Unemployment is going down. What a scam.

Who has been saying that? The Unemployment level went up in May and again in June. And not just lay offs, but total unemployment. The July data will be released tomorrow.

The Dear Leader and his Bots. He done saved the World don't ya know.

Do you have an actual cite that they're claiming Unemployment went down in May and/or June? Or are you referring to claims that Unemployment has been down from the high of 10% from October 2009? The general trend over the last couple of years has been down.

And it makes a difference if we're talking about level or rate. It's possible for the LEVEL to go UP and the RATE to go DOWN and vice versa.

 

[Katzndogz]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

 

[paulitician]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

All is well in Hopey Changey Land. Bunch of Bot loons.

 

[pinqy]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

The 163,000 is NET change from June to July, not the number of people who found jobs. The 370,000 is just people who filed for UI benefits last week.

You're comparing apples and bowling balls.

 

[LordBrownTrout]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

Yeah, everything is great and nearing utopia.

 

[pinqy]

So that's 3 people who don't understand basic math or the reports they're commenting about. I find that interesting.

 

[LordBrownTrout]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

The 163,000 is NET change from June to July, not the number of people who found jobs. The 370,000 is just people who filed for UI benefits last week.

You're comparing apples and bowling balls.

According to your logic, the 370,000 didn't lose their jobs?!?! You can't put anymore lipstick on this pig.

 

[uscitizen]

Table 1: China's Trade with the United States, 2001-11 ($ billion)
Notes: *Calculated by USCBC. US exports reported on a free-alongside-ship basis; imports on a general customs-value basis.
Source: US Department of Commerce; US International Trade Commission (ITC)
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
US exports 19.2 22.1 28.4 34.7 41.8 55.2 65.2 71.5 69.6 91.9 103.9
% change* 18.3 14.7 28.9 22.2 20.5 32.0 18.1 9.5 -2.6 32.1 13.1
US imports 102.3 125.2 152.4 196.7 243.5 287.8 321.5 337.8 296.4 364.9 399.3
% change* 2.2 22.4 21.7 29.1 23.8 18.2 11.7 5.1 -12.3 23.1 9.4
US balance -83.0 -103.1 -124.0 -162.0 -201.6 -232.5 -256.3 -266.3 -226.8 -273.1 -295.5

https://www.uschina.org/statistics/tradetable.html

 

[Conservative]

Since Chris gives Obama credit when the jobless claims fall, I expect him in here any second to blame Obama now that the jobless numbers went back up.

any time now. I am certain Chris will be in to balme Obama. 100% stone cold mortal lock.

 

[pinqy]

163,000 people found jobs, 370,000 lost jobs. This is good news only to democrats.

The 163,000 is NET change from June to July, not the number of people who found jobs. The 370,000 is just people who filed for UI benefits last week.

You're comparing apples and bowling balls.

According to your logic, the 370,000 didn't lose their jobs?!?!

How on Earth are you getting that from my post? Of course they did. But they're not part of the ADP report (they will be next month). And way more than 370,000 people were hired from June to July.

And if you understood anything at all, you'd know that the ADP report is NOT saying that 163,000 people got jobs, but that 163,000 MORE people got jobs than lost them or left them.

 

[tjvh]

"The middle class is doing just fine."

 

[LordBrownTrout]

"the private sector economy is doing just fine"