Jobless claims drop to 3-year lows

[XZeroII]

http://www.msnbc.msn.com/id/4553934/

The Labor Department reported Thursday that the number of laid-off workers seeking jobless benefits fell by 6,000 last week to 336,000, a level that was last seen the week of Jan. 13, 2001, just before Bill Clinton relinquished the White House to George W. Bush.

Good news!

 

[CaptnKirk]

Which Story is Bogus ?

You decide.
Looks more like there are less people findeng jobs, and more are timing out of benefits.
And many more who have been off the list that have virtually given up and are struggling.

 

[conjur]

Welcome to LAST week

 

[xxxxxJohnGaltxxxxx]

Grab a copy of the Washington Post this Sunday and tell me about the lack of jobs out there...I know, I know, not everyone lives in Wasington, D.C...so you have 1 of 2 choices: Pack up the tractor and move to where the jobs are...or...sit at home with your hand on your @$$ waiting for the jobs to come to you, all the while you bitch about the lack of jobs.

I have never been out of work my whole life (aside from a 2-month break I choose to take...golfing), and have worked my life to ensure I am never out of work...give me a person who looked for work for over a year...give me their resume...give me their skills...give me their whole life from, say, 16 forward....the choices they made along the road...etc...and more often than not, the economy is not at fault...they are.


What say you, Liberals?

 

[CaptnKirk]

The data is last weeks, but it's todays news release.

 

[BaliBabyDoc]

1) I'm not a liberal.
2) Who wants to live in DC?
3) Corporate America has made it abundantly clear that MOST job growth will occur in India and China . . . that's a damn long tractor ride.
4) The job at WalMart is part of the problem . . . not the solution.

 

[Red Dawn]

Originally posted by: xxxxxJohnGaltxxxxx
Grab a copy of the Washington Post this Sunday and tell me about the lack of jobs out there...I know, I know, not everyone lives in Wasington, D.C...so you have 1 of 2 choices: Pack up the tractor and move to where the jobs are...or...sit at home with your hand on your @$$ waiting for the jobs to come to you, all the while you bitch about the lack of jobs.

I have never been out of work my whole life (aside from a 2-month break I choose to take...golfing), and have worked my life to ensure I am never out of work...give me a person who looked for work for over a year...give me their resume...give me their skills...give me their whole life from, say, 16 forward....the choices they made along the road...etc...and more often than not, the economy is not at fault...they are.


What say you, Liberals?

I don't know about the Liberals but I think what you say has a lot of truth behind it. Of course the Dub's people will never say that as they are fearful of telling the truth as it might mean they wouldn't get re-elected.

 

[dmcowen674]

Originally posted by: conjur
Welcome to LAST week

Jobless claims drop to 3-year lows
Workers seeking benefits fell to 336,000 last weekThe Associated Press
March 18, 2004
-----------------------------

That's the tactic of this approriately named nickname ZERO, posting a piece o crap from last week?

NeoCons stooping to lower and lower levels everyday.

Unfuggin believable

:|

 

[conjur]

Originally posted by: CaptnKirk
The data is last weeks, but it's todays news release.

Look at the date on the article from the link.


March 18.

 

[HeroOfPellinor]

First thing I did when I logged on today was check fatwallet and svc. Both happen to be hiring. I think that's a good sign. 🙂

 

[dmcowen674]

Originally posted by: CaptnKirk
Which Story is Bogus ?

You decide.
Looks more like there are less people findeng jobs, and more are timing out of benefits.
And many more who have been off the list that have virtually given up and are struggling.

Benefits extension was not extended in December so most are running out now.

More from the article:

The closely watched four-week moving average of initial jobless claims, which irons out weekly fluctuations, declined for a fourth straight week, falling to 341,500 from 344,500. It was the lowest figure for average claims since 336,500 were registered in the Jan. 27, 2001, week.

Meanwhile, the number of people continuing to draw benefits after an initial week of aid dropped 46,000 to 3.00 million in the week ended March 13, the latest week for which the data is available. It was the lowest number of people on the benefit rolls since July 21, 2001.

Economists were impressed by the uptrend in corporate bottom lines. Higher profits usually lead to increased spending on new plants and equipment, and eventually, jobs.

"Part of the profits are coming from the fact they're not hiring," he said.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: BaliBabyDoc
1) I'm not a liberal.
2) Who wants to live in DC?
3) Corporate America has made it abundantly clear that MOST job growth will occur in India and China . . . that's a damn long tractor ride.
4) The job at WalMart is part of the problem . . . not the solution.

1.) Okay

2.) D.C. was used as an example; 20 pages of jobs in last Sunday's paper, all of which I read to see what skills/degrees others are looking for...just to know what skills/education I should look to acquire in the future.

3.) Get skills in the sectors that are not perceived to be outsourced in the not-too-distant future.

4.) #1 employer in America; they are not the problem...part of the problem is what you do while working at Wal-Mart...go home and watch Springer, or go to community college and get the requisite skills needed to get a job outside of Wal-mart...your choice, whether you exercise it or not

 

[dmcowen674]

D.C. was used as an example; 20 pages of jobs in last Sunday's paper

Wow! :Q The 20 job openings listed here fits in less than a 1/3 of one page in the Newspaper here Northeast of Atlanta.

 

[Red Dawn]

Originally posted by: dmcowen674
D.C. was used as an example; 20 pages of jobs in last Sunday's paper

Wow! :Q The 20 job openings listed here fits in less than a 1/3 of one page in the Newspaper here Northeast of Atlanta.

Was one of those Jobs for a Director of Security?

 

[dmcowen674]

Originally posted by: Red Dawn

Originally posted by: dmcowen674
D.C. was used as an example; 20 pages of jobs in last Sunday's paper

Wow! :Q The 20 job openings listed here fits in less than a 1/3 of one page in the Newspaper here Northeast of Atlanta.

Was one of those Jobs for a Director of Security?

No, only "Security Officers", Rent a Cops.

 

[CADsortaGUY]

Originally posted by: CaptnKirk
Which Story is Bogus ?

You decide.
Looks more like there are less people findeng jobs, and more are timing out of benefits.
And many more who have been off the list that have virtually given up and are struggling.

In a separate report, the Labor Department said initial claims for unemployment benefits rose by just 1,000 to 339,000 last week.

Jobless claims the week before last were the lowest since before the 2001 recession.

Sinking claims for unemployment benefits could mean that some of the slack in the job market is being taken up and that hiring is due for an upswing. Analysts will be watching next week's employment report closely for gains in payrolls, which are expected to rise by 100,000 after months of disappointments.

"This confirms that the drop in claims over the past few weeks is no fluke ? the trend is clearly downwards," Ian Shepherdson, chief U.S. economist at High Frequency Economics.

The closely watched four-week moving average of initial jobless claims, which irons out weekly fluctuations, declined for a fourth straight week, falling to 341,500 from 344,500. It was the lowest figure for average claims since 336,500 were registered in the Jan. 27, 2001, week.

Meanwhile, the number of people continuing to draw benefits after an initial week of aid dropped 46,000 to 3.00 million in the week ended March 13, the latest week for which the data is available. It was the lowest number of people on the benefit rolls since July 21, 2001.

Interesting...

CkG