In this new normal economy I suppose this is considered good news – 340,000 initial jobless claims, a drop of 23,000 from the week prior which was revised upward by 3,000. Initial claims for state unemployment benefits dropped 23,000 to…
Initial jobless claims spiked last week to 360,000. Even after the prior week’s upward revision it was a jump of 32,000 claims. It’s going to be kind of hard to put a positive spin on this. The number of Americans…
Initial jobless claims fell to 339,000, which is a drop of 16,000 from last week’s upwardly revised 355,000. Bloomberg reports that this means the economy is improving, but hiring still isn’t where it needs to be. Job creation slowed last month…
It’s Thursday and you know what that means. Initial jobless claims jumped to 352,000. As usual it was very unexpected. The number of people who filed for unemployment assistance in the U.S. rose more-than-expected last week, official data showed on…
I almost forgot that it’s Thursday. That means it’s the day we hear about initial jobless claims. This week’s news is bad. Very bad. And unexpected, of course. Many more Americans filed for their first week of unemployment benefits than…
It’s Thursday, and you know what that means. The government released initial jobless claims data, and jobless claims have risen again. Of course, the numbers released last week have been revised upward. Shocking news, I know. In the week ending…
As predicted, Obamacare is turning into a national nightmare. Every day brings more bad news. The latest is that the cost of claims is going to spike as the previously uninsured are added to the system. This will mean higher…
It’s Thursday and initial jobless claims have risen again. Last week they reported 332,000 but that was revised up to 334,000 so this week they’re saying that the number of claims has “only” risen by 2,000 to 236,000. No doubt…
It’s Thursday so you know what that means – time for initial jobless claims numbers. The number of Americans who filed for unemployment benefits declined to a six-week low, showing further improvement in the labor market. First-time jobless claims unexpectedly…
President Obama just finished up his “blame the republicans” press conference. He repeated the outrageous claim that he has cut over $2 trillion from the deficit. Where did he make those cuts? Look at his deficits compared to past presidents.…
You would think that after four years of this economists would revise their expectations. But no. Again, initial jobless claims came in higher than expected. But the drop in claims looks good because last week’s number was revised up to…
Here is exhibit number 9208 showing the complete incompetence of the federal government. The Veterans Administration spent $273 million on a new digitized claims system and the result is a much slower process. It sounds like they just put the…
Initial jobless claims have again beaten the expectations of the economists. How unexpected. Actually, the only thing unexpected this week is that last week’s numbers were revised down for a change. More Americans than forecast filed applications for unemployment benefits last week, a sign…
Initial jobless claims have risen again. This week by 17,000. Oh, and of course, the numbers reported last week were revised upward. The Labor Department said Thursday that first-time jobless claims rose 17,000 to a seasonally adjusted 361,000 in the…
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