Jobless Claims Rise

[SuMar]

Alert: US jobless claims up 46,000 to 388,000. Really bad news. 7.8% is now a fraud, not possible!

U.S. Jobless Claims Rise 46,000 on Seasonal Shift - Bloomberg​

 

[TNHarley]

That is not mathamatically possible!

 

[AquaAthena]

Published: Thursday, 18 Oct 2012 | 8:35 AM ET

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

The Labor Department says the four-week average of applications, a less volatile measure, fell slightly to 365,500, a level consistent with modest hiring.

Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008.

This week, it reported a significant increase as it processed applications delayed from the previous week. (Read More: Why Jobless Claims May Not Be as Good as Market Thinks.)

http://www.cnbc.com/id/49460659

 

[pinqy]

Alert: US jobless claims up 46,000 to 388,000. Really bad news. 7.8% is now a fraud, not possible!

U.S. Jobless Claims Rise 46,000 on Seasonal Shift - Bloomberg​

Why is it not possible? Show your math. I won't hold my breath.

 

[Lumpy 1]

Published: Thursday, 18 Oct 2012 | 8:35 AM ET

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

The Labor Department says the four-week average of applications, a less volatile measure, fell slightly to 365,500, a level consistent with modest hiring.

Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008.

This week, it reported a significant increase as it processed applications delayed from the previous week. (Read More: Why Jobless Claims May Not Be as Good as Market Thinks.)

Weekly Jobless Claims Drop Proves to Be Short-Lived - US Business News - CNBC

I imagine a country with full employment, rising wages and low energy costs. It just so happens, Obama isn't included..

 

[Lumpy 1]

Bump>>>