Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

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Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

The person who runs for the Democrats will have an advantage, but they have to push it. Clinton has an advantage as she can say she was part of the govt that did this. However it's still people politics at the end of the day.
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

WOW! These racist far left drones know nothing!

Well with so many people out of work for so long this was eventually going to happen..

So with nearly 40% of the labor force not working this was going to happen.. Hardly anything to brag about..

Unless you are far left then something like this makes you proud that you are part of the far left religion..
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

The person who runs for the Democrats will have an advantage, but they have to push it. Clinton has an advantage as she can say she was part of the govt that did this. However it's still people politics at the end of the day.

And right on cue another far left drone seeing this as good news..
 
Would you like Fries with your burger sir............Yuck yuck.

http://www.nytimes.com/2014/04/28/b...more-low-wage-jobs-than-better-paid-ones.html

new-america.jpg
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

WOW! These racist far left drones know nothing!

Well with so many people out of work for so long this was eventually going to happen..

So with nearly 40% of the labor force not working this was going to happen.. Hardly anything to brag about..

Unless you are far left then something like this makes you proud that you are part of the far left religion..
shhhhhh............They aren't counted anymore...........keep it quiet...............it makes the real deal suck...............

shhhhhhhh............
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

WOW! These racist far left drones know nothing!

Well with so many people out of work for so long this was eventually going to happen..

So with nearly 40% of the labor force not working this was going to happen.. Hardly anything to brag about..

Unless you are far left then something like this makes you proud that you are part of the far left religion..
The Labor Force is defined as Employed plus unemployed. And unemployed is defined as wanting a job, able to start a job, and actively looking for a job. And the unemployment rate is unemployed as a percent of the labor force. So how are you getting that 40% of the Labor Force is not working when the official number is 5.1%?
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah

WOW! These racist far left drones know nothing!

Well with so many people out of work for so long this was eventually going to happen..

So with nearly 40% of the labor force not working this was going to happen.. Hardly anything to brag about..

Unless you are far left then something like this makes you proud that you are part of the far left religion..
The Labor Force is defined as Employed plus unemployed. And unemployed is defined as wanting a job, able to start a job, and actively looking for a job. And the unemployment rate is unemployed as a percent of the labor force. So how are you getting that 40% of the Labor Force is not working when the official number is 5.1%?

the number is huge, there are only 2.5 million more full time jobs among the working age population now than in 2007 yet the population in that group is up 18 million!! That means 90% of the new jobs are part time jobs. Thats how you get only 5.1% unemployed.
 
So how are you getting that 40% of the Labor Force is not working when the official number is 5.1%?
When politics is more important than common sense, conclusions like the one your point out are commonly reached.
 
So how are you getting that 40% of the Labor Force is not working when the official number is 5.1%?
When politics is more important than common sense, conclusions like the one your point out are commonly reached.
I'm sure even Barry would agree that unemployment is very very high despite the misleading 5.1%!! For example, since 2007 the working age population is up 18 million while the number of full time jobs is virtually unchanged!

That's the pathetic and predictable result of FDR/Obamanomics!!
 
Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Source: Bloomberg
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



Jobless Claims in U.S. Fall to Match Lowest Level Since 1973

Obama rules!!! Republicans shouldn't even run in 2016. It is already over1!!! hahahah


Anyone who believes this is retarded. Lowest since 1973 MY ASS CRACK
 
solving for simple poverty

liberal create moral hazard when they bail out failed banks and failed people.
only the right is that cognitively dissonant; or, maybe because they have no ability but repeal, they believe others have no need.

liberals create moral hazard when they bail out failed banks and failed people.
dear, it was the right that claimed some capitalists are simply too big and wealthy to be allowed to fail under our form of capitalism, where those with the most gold may have leveraged input into making the rules.
 
dear, it was the right that claimed some capitalists are simply too big and wealthy to be allowed to fail.

actually Krugman claimed that too because he wanted to avoid a depression. Average liberals often didn't claim it because they were too stupid to know that more big failures would lead to a depression. Libertarians mostly wanted to let the big institutions to fail.
 

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