Unemployment Claims drop sharply

Discussion in 'Economy' started by JimH52, Oct 28, 2010.

  1. JimH52
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    JimH52 Gold Member

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  2. william the wie
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    william the wie Gold Member

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    I don't know that I would call it a sharp drop and increasingly the number being cited is detached from the reality of employment. Most unemployment is in temporary workers and independent contractors who are not covered by unemployment claims.
     
  3. Mini 14
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    Mini 14 Senior Member

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    It will likely drop every month for the next several. That's what happens when you have over 10% of your population unemployed for close to a year. Eventually, the benefits end :(
     
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  4. SFC Ollie
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    SFC Ollie Still Marching

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    My son decided after 11 months to head for Germany and look for work, in the mean time he started talking to his German girlfriend from 15 years ago and ended up not only moving to Germany but getting a job and getting married there. I doubt he'll be back.

    Over all the numbers are still terrible. No matter how it is twisted.
     
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  5. william the wie
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    william the wie Gold Member

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    Add in discouraged workers and the gaps between official data and reality just keeps widening.
     
  6. uscitizen
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    uscitizen Senior Member

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    I am sure the repubs will support extending unemployment benefits after the NOv election.
     
  7. Trajan
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    Trajan conscientia mille testes

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  8. DiveCon
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    DiveCon gone

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  9. Trajan
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    Trajan conscientia mille testes

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    yup, there are a whole slew of '99er's' coming up on benefits termination...
     
  10. SFC Ollie
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    SFC Ollie Still Marching

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    In the mean time Welfare and food stamp roles grow.......
     
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