rssInitial Jobless Claims Increase
Thursday, April 15, 2010 at 1:16 pm
- 7 Comments
Initial unemployment applications unexpectedly increased from 460,000 last week to 484,000 this week.
An unnamed Labor Department official quoted in the wire stories says: “Volatility is always associated with the Easter holiday” and “This is more attributable to administrative factors than to possible layoffs. I did not see anything in the states’ numbers that would reflect economic concerns.”
That said — even if the number does not imply increased layoffs, it certainly does not indicate a willingness to hire on the part of businesses. Thus, the jobless recovery continues.
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7 Comments
Pingback posted April 15, 2010 @ 4:29 pm
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Pingback posted April 16, 2010 @ 7:00 am
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Comment posted April 16, 2010 @ 9:58 pm
Don't be mislead.. The new unemployment extension does not add any weeks for the long term unemployed.. Sign the Tier V unemployment petition now!
http://www.change.org/petitions/view/the_99ers_…
Pingback posted April 17, 2010 @ 10:17 am
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Pingback posted April 17, 2010 @ 7:51 pm
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Comment posted April 24, 2010 @ 3:40 am
President Obama it's history the first black,Muslim has failed his country in a little over a year in office.This man has no clue to whats going on where.A jobless recovery who the hell do they think believes this stuff. Unemployment running at about 20% with about 30 million people out of a job and they want us to believe theres a recovering going on BULLS_ _ T. Our president has failed his nation in just a little over a year in office. This is the man that said I will tell you the truth no matter good or bad ya right! He was bought and paid for before he even got elected.No better than Bush their all crooks getting rich on our money.Change Mr. President I don't have any of that left either.Your a one term crook and you no what you can do with your books.
Pingback posted April 30, 2010 @ 10:45 pm
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