[AirlinePilot]

The really ugly part of all of this is the historic precedent of folks rolling off of the 99 week UE claims. That particular statistic has NO PRECEDENT despite what Mr finder may have to say about it. ITS NEVER HAPPENED BEFORE.

But hey, everything is just fine, they are all going to find burger flipping jobs tomorrow!!

$this->bbcode_second_pass_quote('OilFinder2', 'D')aniel is making the exact same mistake Sixstrings made when he started this thread.

[vision-master]

So what do these new jobs pay compaired to the olds ones? Half the pay?

[copious.abundance]

^
This isn't about new jobs, it's about initial unemployment claims.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('OilFinder2', 'I')t will probably fall by at least 100K next week. Of course the doomer types won't mention that when it occurs.

[Timo]

The Wall Street Execs deserve a bailout bonus check for this one!

On second thought, better make that straight gold. Government checks aren't worth anything anymore.

[copious.abundance]

I detect more than a bit of dishonesty in someone here. Posted Thu Jan 13. "Next week" was Jan 20 - and indeed it [NSA claims} fell by more than 100K that week. Today is Jan 28.
$this->bbcode_second_pass_quote('OilFinder2', 'D')aniel is making the exact same mistake Sixstrings made when he started this thread.

It will probably fall by at least 100K next week. Of course the doomer types won't mention that when it occurs.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('OilFinder2', 'I') detect more than a bit of dishonesty in someone here.

[Sixstrings]

$this->bbcode_second_pass_quote('Daniel_Plainview', '[')b]Aw Crap -- Jobless Claims Skyrocket by 51K as Phony Recovery Loses Steam[/url]

$this->bbcode_second_pass_quote('', 'U')NEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

[VZR1800]

$this->bbcode_second_pass_quote('Sixstrings', 'S')urely you're wrong, Daniel.. Obama didn't even mention the 99ers the other night. Sounded to me like the recession's over.. the President said the stock market is roaring and corporate profits are doing great.

[copious.abundance]

Aw Crap, No Double-Dip in Sight -- Jobless Claims Tumble by 42K

$this->bbcode_second_pass_quote('', 'U')NEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Jan. 29, the advance figure for seasonally adjusted initial claims was 415,000, a decrease of 42,000 from the previous week's revised figure of 457,000.The 4-week moving average was 430,500, an increase of 1,000 from the previous week's revised average of 429,500.

The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 22, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.2 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 22 was 3,925,000, a decrease of 84,000 from the preceding week's revised level of 4,009,000. The 4-week moving average was 3,929,500, a decrease of 50,500 from the preceding week's revised average of 3,980,000.

[MichaelWallace]

I'm not doom and gloom, but we still need to get that number down to the low 300s or we won't see any significant change to unemployment. For now, employment remains mediocre, at best.

[peripato]

$this->bbcode_second_pass_quote('VZR1800', '')$this->bbcode_second_pass_quote('Sixstrings', 'S')urely you're wrong, Daniel.. Obama didn't even mention the 99ers the other night. Sounded to me like the recession's over.. the President said the stock market is roaring and corporate profits are doing great.

[copious.abundance]

Gosh darnit, where's that double dip? Jobless Claims Tumble by 36K, falling well below 400K

$this->bbcode_second_pass_quote('', 'U')NEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Feb. 5, the advance figure for seasonally adjusted initial claims was 383,000, a decrease of 36,000 from the previous week's revised figure of 419,000.The 4-week moving average was 415,500, a decrease of 16,000 from the previous week's revised average of 431,500.

The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 29, unchanged from the prior week's unrevised rate of 3.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 29 was 3,888,000, a decrease of 47,000 from the preceding week's revised level of 3,935,000. The 4-week moving average was 3,932,250, an increase of 250 from the preceding week's revised average of 3,932,000.

[copious.abundance]

Just for emphasis.

REAL RECOVERY PLOUGHING AHEAD!
$this->bbcode_second_pass_quote('', '[')size=150]Jobless Claims Drop to Lowest Level Since July 2008[/size]
Published: Thursday, 10 Feb 2011

New U.S. claims for unemployment benefits dropped more than expected last week to touch their lowest point in 2-1/2 years, a government report showed on Thursday, offering assurance that the labor market was strengthening despite Januarys poor jobs numbers.

Initial claims for state unemployment benefits fell 36,000 to a seasonally adjusted 383,000, the lowest since early July 2008, the Labor Department said.

[...]

[steam_cannon]

So the 99ers aren't being counted anymore because they lost their benefits and that's supposed to be positive news? Sick.

$this->bbcode_second_pass_quote('OilFinder2', 'J')ust for emphasis[...]

[TheAntiDoomer]

^steam cannon, you need to read this whole thread, the crazy huge letters were started by Daniel Plainview.

$this->bbcode_second_pass_quote('TheAntiDoomer', '^')steam cannon, you need to read this whole thread, the crazy huge letters were started by Daniel Plainview.

$this->bbcode_second_pass_quote('steam_cannon', '[')b]Just for emphasis, I don't think you read to the end of the article you posted.

$this->bbcode_second_pass_quote('', 'J')obless Claims Drop to Lowest Level Since July 2008
http://www.cnbc.com/id/41508404

The number of people still receiving benefits under regular state programs after an initial week of aid declined 47,000 to 3.89 million

The number of people on emergency unemployment benefits increased 100,366 to 3.76 million in the week ended Jan. 22, the latest week for which data is available.

[Armageddon]

The data is for the week of February 5, when all of America was covered in a blizzard. Odd how that is not mentioned.