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Applications for U.S. Jobless aid Continue to Fall
Applications for jobless benefits fell by 23,000 for the week ending November 24, bringing the total to 393,000, down from last week’s revised figure of 416,000, the Labor Department announced on Thursday.
The four-week moving average, a “less volatile” figure, increased by 7,500, bringing the total to 405,250, up from last week’s revised average of 397,750, its highest point since October 2011.
“The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 17, unchanged from the prior week’s unrevised rate,” the agency’s weekly report reads.
“The advance number for seasonally adjusted insured unemployment during the week ending November 10 was 3,337,000, a decrease of 30,000 from the preceding week’s revised level of 3,367,000. The 4-week moving average was 3,285,000, an increase of 19,500 from the preceding week’s revised average of 3,265,500,” the report adds.
The states with the largest increases in initial claims for the week ending November 17 were Florida (+1,534), Michigan (+1,427), Massachusetts (+1,189), Kentucky (+945), and Minnesota (+872).
Meanwhile, New York (-30,603), California (-26,337), and Pennsylvania (-11,451) saw the biggest decreases in initial claims.
Wait, New York saw a sizable decrease in claims while Michigan and Kentucky saw increases?
Huh.
Remember when everyone was saying that “Superstorm Sandy” was responsible for the increase in initial claims? Does this excuse apply to Michigan and Kentucky?
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Front page photo courtesy Getty Images. This story has been updated.
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napoleon_solo
Posted on December 1, 2012 at 12:00pmSorry, but this will not continue. Applications for UI benefits has nothing to do with anything. It doesn’t even say much about layoffs. You can be laid off and not qualify for UI because you haven’t worked long enough. Seasonal Christmas hiring is going on as well. Wait until the first of the year when Obamacare strikes and taxes jump. Then we’ll see.
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grownup
Posted on November 30, 2012 at 8:55pmTo be really good progressive you have to be a really good liar. That is to say, make lies that sound like truth. And truth that sounds like lies.
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MsMarylou8
Posted on November 29, 2012 at 3:25pmThey never mention these are temp jobs for the CHRISTMAS season. Wait till January.
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pscully17
Posted on November 30, 2012 at 7:00amChristmas help no,longer exists…..holiday help filled by only those kicked off unemploy benefits, re-sign up Jan 1……and the deficit spiral accelerates….this jobless number lie will be exposed very soon!! Math doesn’t quit, eventually the mathematics gremlins expose the ******** socialist.ideology is built on….math always wins!! Check historical collapses of government
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mcsledge
Posted on November 29, 2012 at 2:33pmLet’s start celebrating when the number falls below the average (around 350,000 per week). It takes a huge hike around/after the election and because it is slowly subsiding all is well in America. Just another lie being told to the ignorant who will buy it hook, line and sinker.
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msaright
Posted on November 29, 2012 at 2:32pmMust be the new math. Maybe they were educated in a government school!
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daxbrady
Posted on November 29, 2012 at 2:24pmJoe Biden is not out there talking about Recovery Winter yet?
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CulperGang
Posted on November 29, 2012 at 12:13pmWell, yeah they are going to fall, a lot of people have exhausted unemployment benefits and are now on welfare rolls, living in state parks or their car. People living in state parks are growing exponentially no one is talking about that. Those “mortage bail out money” only 1% ever got anything the rest was TAKEN BY THE BANKS.
I not anti-government. I am anti-corruption in government. ARREST THEM ALL
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watashbuddyfriend
Posted on November 29, 2012 at 11:18amAm I suppose to believe this: “Applications for U.S. Jobless aid Continue to Fall?”
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Rothbardian_in_the_Cleve
Posted on November 29, 2012 at 10:45amRevision will be reported….well, okay never mind. All is well everyone!
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Vic Tory
Posted on November 29, 2012 at 9:57amApplications for U.S. Jobless aid Continue to Fall
Two possible reasons.
1. They are running low on applications.
2. Almost everyone has already applied.
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Apple Bite
Posted on November 29, 2012 at 10:06am…Or
3. People’s time on unemployment has run out and they can no longer reapply.
Love it when Liberals swerve around the truth…. like a 18 wheeler swerving on ice to avoid a squirrel.
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Kregneva
Posted on November 29, 2012 at 9:51amGod-given disasters require workers. While some jobs are lost or displaced, the net may be a reduction in unemployed. New York, New Jersey and Connecticut will be as busy as the Gulf Oil Spill cleanup for the next 18 months, and there will be a boom in residential construction and “home depot” sales.
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Inexiledan
Posted on November 29, 2012 at 9:25amThe glaring problem with the government figures is the failure to account for those that are grossly underemployed or who have given up looking for work. Run out of unemployment benefits at the end of your 99 week vacation and the next step is to claim disability benefits. We are soooo much trouble and the end will not be pretty.
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VRW Conspirator
Posted on November 29, 2012 at 9:22amOK…I might only be a Theoretical Physicist and teacher Mathematics and Science but how can one average DECREASE for the week but the 4 week average INCREASE…that must be some of that new math they are teaching at Harvard and in DC that us normal math and science people don’t know about yet….
If I am adding up 4 weekly numbers and my 4th number is lower than the average of the 3 that came before it…the average of all 4 can NOT go up….UNLESS that new 4th number is higher than the number that came 4 weeks before it that it replaced….this means that over the 4 weeks…the unemployed people INCREASED anyway…which means the economy is NOT adding anything but getting WORSE!!
Don’t you just love government math…this one number is better so everything is better…pay no attention to that long term trend behind the curtain that says we are going in a downward spiral to destruction….only in a Socialist State….ain’t it great….
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IndyGuy
Posted on November 29, 2012 at 10:03amHmmmm…Why is it the false numbers(the first given) always get front page news…But the revised numbers(Later and worse) are always buried??? Kinda like the Rate of Inflation doesn’t take into account Food and Energy…Only the 2 largest expenses after housing for a family…
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Snowleopard {gallery of cat folks}
Posted on November 29, 2012 at 9:22amMore propaganda from the administration.
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Kregneva
Posted on November 29, 2012 at 9:53amIt is obvious that no one at all can be trusted unless they are trustworthy and honest.
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gyro
Posted on November 29, 2012 at 9:16amnumbers dont lie just the people that write them
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MeMadMax
Posted on November 29, 2012 at 9:12amThis is normal holiday season temp-job hiring.
In Jan/Feb we will see the real state of the job market.
In all actual fairness we have a boatload of companies laying off workers while at the same time we have a boatload of companies hiring temp/seasonal workers, creating a teeter totter effect. You can see it in the revised figures, but come January/February you will see all the temps get hired and the real unemployment rate will be exposed.
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Think_4_yourself
Posted on November 29, 2012 at 9:06amAll is well in The United Solcialist States of America. All of the kings promises are coming true! Cliff, what cliff, move along nothing to see here.
What the repubs can’t figure out, is that the king and his court want a cliff, more subjects on government assistance, equates to more power and more votes. You think this term is going to be fun, wait until his 3rd term!
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ArmedAndReallyPissed
Posted on November 29, 2012 at 9:20amI really don’t think the Traitor will be in for a 3rd term. His friends, the MoBroHo will have taken over America completely by then. Who knows though. They might anoint him Worlds Dicktator.
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Think_4_yourself
Posted on November 29, 2012 at 9:30amMy take on it is that he will keep us on the edge of disaster, and next year we will start seeing the signs of him hinting about a 3rd term, stating he needs more time to fundamentally change America. I fully expect an amendment to the term limits will be buried in the cliff bill somewhere and the MSM won’t report it until it’s passed. They will dangel something the repubs want very much in exchange for allowing the term limit language to stay in, obviously with a promise that it would never be used, fools.
You don’t think he would allow Clinton to run, and obviously no one is as bright as he is and could never do the fine job he has done as king. The only truth I have ever heard him say is that he was going to transform America, and how right he was. Load up on metals, lead, gold, and silver.
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Pantloadian
Posted on November 29, 2012 at 9:56amYou’re the same idiots who were absolute;y certain that Obama – born in Kenya – would declare Martial Law and do away with the Nov 6 elections. Maybe you should focus your paranoia on something more reasonable – like Fox News tapping your daughter’s phone.
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Think_4_yourself
Posted on November 29, 2012 at 10:49am@Load in the pants, can you honestly sit there and think that America is on the right track? Forcing people to get health insurance, even if they cannot afford it, penalizing companies for not offering it? This administration has been the most devious, sneaky, dishonest administration in our history. If you have a business, you didn’t build that, someone else did. You have to pass it to see whats in it. Benghazi?
Party affiliation aside, we (the buisniess owners who are the backbone of the US), do not agree with the incredible amount they spend. Why is it ok to take from me and give to someone who has not worked as hard, studied as hard, taken the risk to start a business. If you think it is ok, then I shall expect 1/3 of your paycheck this week, I went without so I could pay my employess, it’s not “fair” you got paid and I did not. So I should get some of yours right?
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Pantloadian
Posted on November 29, 2012 at 11:27amTHINK _4_ONCE . . .Clearly the government hasn’t made you miss any meals. And those people who can’t afford health insurance, who pays when they get mangled in a car wreck? Everybody, that’s who. And it costs a lot more than if they had been insured. You’re willfully obtuse. In other words – part of the problem.
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Rothbardian_in_the_Cleve
Posted on November 29, 2012 at 11:41am@Wango,
You wrote “Everybody, that’s who. And it costs a lot more than if they had been insured. ” Please explain will you? How does the actual cost of treatment differ based on this condition?
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Think_4_yourself
Posted on November 29, 2012 at 2:24pmLoad in my pants…..So you just think that because the insurance company pays the bill it just goes away? It gets passed on in raised premiums, which will be higher than the way we pay for it now. That’s the fundamental issue with liberals, they do not understand how business works. They think the $ just appears out of thin air.
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ArmedAndReallyPissed
Posted on November 29, 2012 at 9:04amThe four-week moving average, a “less volatile” figure, increased by 7,500, bringing the total to 405,250, up from last week’s revised average of 397,750……….FORWARD !!!!!!!!!!!!!!
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BlackCrow
Posted on November 29, 2012 at 9:04amIt was a three day work week. It will be back up over 400K this week.
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Pantloadian
Posted on November 29, 2012 at 9:54amDare to dream! Keep that negative energy flowing, You may bring this country down yet
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Rothbardian_in_the_Cleve
Posted on November 29, 2012 at 11:46am@Wango,
You keep the denial flowing. When it does come down you might just not notice.
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Pantloadian
Posted on November 29, 2012 at 12:17pmCLIFF_OF_THE_CLAVIN . . . It’s bad enough that we have to fight the obstructionism of Republicans, but we have to fight the relentless doomsday wishes of right wing zealots like you disguised as concern for country. You’d rather see America fail than prosper merely because there is a centrist Democrat in the White House. Don’t bother claiming your libertarian independence. That’s like O’Reilly saying he’s an independent.
“I’m an independent.”
“But, Bill, you’re registered as a Republican.”
“That’s because they didn’t have a place on the form for independent.”
“But, Bill, it’s right here, no party affiliation.”
“That doesn’t say independent.”
Soon after, Bill checked the box for “no party affiliation.”
So passionate. So arbitrary.
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Rothbardian_in_the_Cleve
Posted on November 29, 2012 at 12:31pm@Wango,
Um. Okay. Nice rant. So constitutionalism = right wing zealotry? Ok. Just so we are clear where you stand and I stand. Your concern for your country manifests in crippling debt, tyranny, a police state, and slavery. Worse still is the advocacy of enslaving the unaborted generations to come to pay for programs that you feel are necessary. How brave to tax into oblivion someone you’ll never have to look in the face. The fact that your concern has no constraint and is blind to the fact that armed robbery is the force behind it speaks volumes about your lack of character. The paradox of that image and you wrapping yourself in the cloak of compassion is quite comical.
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