The Obama Economy ... US jobless claims jump to 7-month high..what would you expect from a Lame Duck

[Vigilante]

Apparently, the regime has started to let the Unemployment figures, which have been COOKED FOR YEARS to start to come back to where they should be, although they are still cooked!

Yahoo News Via AFP ^ | 01/21/2016
New claims for US unemployment insurance benefits jumped to a seven-month high last week, the Labor Department reported Thursday. Initial jobless claims rose by 10,000 to 293,000 in the week ending January 16, the highest level since early July. But claims, a sign of the pace of layoffs, have remained below 300,000 since late February 2015 as the jobs market tightens. Analysts say volatility is typical in the first weeks of the year. The four-week moving average for claims rose by 6,500 to 285,000. A year ago it was 298,250. The US economy added 2.65 million jobs in 2015, the...

 

[Kosh]

Bureau of Labor Statistics Data

 

[EdwardBaiamonte]

Bureau of Labor Statistics Data

U3 and U6 have stopped their descent. Judging from stock market and commodity prices it looks like another liberal recession is coming with still lower wages for Americans.

 

[Kosh]

Bureau of Labor Statistics Data

U3 and U6 have stopped their descent. Judging from stock market and commodity prices it looks like another liberal recession is coming with still lower wages for Americans.

Well when you create an underclass of political slaves made up of "undocumented" workers, what does one expect!

 

[pinqy]

Apparently, tze regime has started to let the Unemployment figures, which have been COOKED FOR YEARS to start to come back to where they should be, although they are still cooked!

Still waiting g for any evidence of that. I'm not holding my breath, of course.

Yahoo News Via AFP ^ | 01/21/2016
New claims for US unemployment insurance benefits jumped to a seven-month high last week, the Labor Department reported Thursday. Initial jobless claims rose by 10,000 to 293,000 in the week ending January 16, the highest level since early July. But claims, a sign of the pace of layoffs, have remained below 300,000 since late February 2015 as the jobs market tightens. Analysts say volatility is typical in the first weeks of the year. The four-week moving average for claims rose by 6,500 to 285,000. A year ago it was 298,250. The US economy added 2.65 million jobs in 2015, the...

Oh, yeah. Looks horrible:

 

[EdwardBaiamonte]

Bureau of Labor Statistics Data

U3 and U6 have stopped their descent. Judging from stock market and commodity prices it looks like another liberal recession is coming with still lower wages for Americans.

Well when you create an underclass of political slaves made up of "undocumented" workers, what does one expect!

coming recession or slowdown is caused by liberal interference in economy of USA and Red China primarily.