More Economic GOOD NEWS: Jobless rates lowest since 2008

Discussion in 'Economy' started by rightwinger, Apr 1, 2010.

  1. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    New jobless claims sink; 4-week average lowest since '08 - USATODAY.com

    WASHINGTON (AP) — Initial claims for unemployment benefits fell slightly in the U.S. last week.
    The Labor Department said Thursday that new jobless benefit claims dropped 6,000 to a seasonally adjusted 439,000, nearly matching analysts' estimates. It's the fourth drop in five weeks.

    The four-week average of claims, which smooths volatility, fell nearly 7,000 to 447,250, the lowest total since the week of Sept. 13, 2008, just before Lehman Brothers collapsed and the financial crisis intensified.

    Most economists expect jobless claims will soon drop below 425,000, a level that will likely signal sustained job creation.

    The report comes a day before the Labor Department is scheduled to release the March employment report. Economists expect it will show the economy generated 190,000 jobs last month, the most in three years and only the second gain since the recession began.
     
  2. Intense
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    Intense Senior Member

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    As more unemployed are removed from eligibility? LOL

    Census counters account for how many?
     
  3. editec
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    editec Mr. Forgot-it-All

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    Excellent.
     
  4. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    As those rooting for the economy to fail chime in........

     
    Last edited: Apr 1, 2010
  5. Intense
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    Intense Senior Member

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    False Assumption.

    The criticism is about the math. Bad Math. Mis-report, mis-characterize all you want. It's all about perception with You, till reality bites you in the ass.
     
  6. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    :eusa_pray: Someone wants the economy to FAIL
     
  7. slackjawed
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    slackjawed Self deported

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    Earlier in the month there was a news report that said these unemployment numbers would reflect a gain of 200,000 jobs. This report is not as good as we hoped.

    The thread title is very misleading.
    The jobless rate is not the lowest it has been since 2008. That is a bold faced lie. Even the OP and the link provided doesn't support that dishonest statement.

    When you look at the construction starts numbers, down 3%, those are not as good as we were led to believe they would be either. Even for the time of year, construction starts being down 3% is pretty grim.

    I do hope the economy gets better, but posting dishonest propaganda won't make it happen.
     
  8. Intense
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    Intense Senior Member

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    The key word here is Propaganda.
     
  9. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    ECONOMIC GOOD NEWS is propaganda to those praying for the economy to FAIL :eusa_pray:
     
  10. slackjawed
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    slackjawed Self deported

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    Who wants the economy to fail? That is just stupid. We all need to economy to improve.


    We don't need fairy tales and bullshit - that won't help anything.
     

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