Government

New Unemployment Numbers Show Job Market Isn’t Improving

Jobless Numbers Show Unemployment Situation in U.S. Isnt ImprovingWASHINGTON (The Blaze/AP) — The number of people seeking unemployment benefits ticked up slightly last week, evidence that the job market isn’t improving.

The Labor Department says weekly applications for unemployment benefits rose 2,000 to a seasonally adjusted 414,000. Reuters has more:

Excluding one week in early August, claims have held above 400,000 since early April. [...]

Continuing claims eased to 3.72 million from 3.75 million. The number of total recipients on benefit rolls was 7.17 million.

U.S. employment growth ground to a halt in August, with zero net job creation raising fears of a new recession and putting pressure on the Federal Reserve to ease monetary policy further at its meeting later this month.

The report suggests companies aren’t significantly increasing layoffs, despite weak economic growth. But it also signals that little hiring is taking place. Applications need to fall below 375,000 to indicate sustainable job growth. They haven’t been below that level since February.

The four-week average, a less volatile measure, increased for the third straight week to 414,750.

Hurricane Irene didn’t affect applications. But the government estimated figures for several states because the Labor Day holiday delayed some reporting of data.

Comments (22)

  • MUDFLAPS
    Posted on September 8, 2011 at 11:07pm

    Seriously??? I would have never thought that would have been what they found.

    Report Post »  
  • boca_chica
    Posted on September 8, 2011 at 12:43pm

    The only jobs government creates is government jobs. And somebody has to pay for them(us). If they really want to get the U.S. citizen a job, they need to tailor the rules to the consumer-the factories/businesses will supply the products and labor.

    Report Post »  
  • fishstx777
    Posted on September 8, 2011 at 11:37am

    This is going to be a trivia question in years to come. Which president bogarted trillions of dollars and created 0000000000000ooooooo0000000. jobs.A fidel castro B.khadafi C. barrack obama.D all the above.

    Report Post »  
  • hempstead1944
    Posted on September 8, 2011 at 11:27am

    Ya think so?

    Report Post »  
  • Sharkei
    Posted on September 8, 2011 at 11:22am

    Surprise!!!! Surprise!!! Barry’s hope and change in action. Did anyone with a brain really think our country would be better off with this American hater in the highest office. God help us to overcome the damage he has done.

    Report Post »  
  • NukeFromOrbit
    Posted on September 8, 2011 at 11:08am

    Maybe I should paint the “brick” yellow so they can see it…..AP is seriosly inept.

    Report Post »  
  • qpwillie
    Posted on September 8, 2011 at 10:17am

    What? The job market is not improving? But, 0bama said it was!!! I’m just totally surprised and shocked by this.

    Next, you‘ll be telling me that a cute little bunny doesn’t lay those candy eggs in the park on easter morning.

    Report Post » qpwillie  
  • hauschild
    Posted on September 8, 2011 at 10:12am

    “evidence that the job market isn’t improving.”

    Duh?!?!?

    I love how even Fox Business buys into the hype. Every time claims go up, it is “unexpected”.

    This country – and I know I sound like a broken record – is seriously screwed and the problem is nobody (and I mean NOBODY) is interested in changing their ways. It’s all lip service and no elbow grease. It’s really a shame. And, to top it off, we’ve got a complete and utter imbecile as POTUS and more career politicians and lip servers as candidates in the republican party. 300 million people in this country and that’s the BEST we can come up with?

    Palin, git yer ass in this race, please!!!

    Report Post »  
  • wem_n325
    Posted on September 8, 2011 at 9:36am

    That’s some catch that Catch-22.

    Report Post »  
  • CrazyChuck
    Posted on September 8, 2011 at 9:20am

    Oh, wonder if the Economic reports will rise to the melodic voice of the President while he speaks with forked tongue tonight…. BUT his goal of Change and subjection is up and running…

    Report Post »  
  • CrazyChuck
    Posted on September 8, 2011 at 9:18am

    Don’t you just love the “CHANGE” we are experiencing! Wow, I think I’ll apply for some food stamps that will be a great change for me. Oh, maybe the IRS will pay me for not working as it did so many
    ILLEGAL aliens last year….Luv dat Change brother.

    Report Post »  
  • wewantchillywilly
    Posted on September 8, 2011 at 9:16am

    tonight,instead of obama saying “we are going to spend another half trillion dollars of your tax payer money on jobs that don’t exist and are not in demand to help band-aid my already failed economic policies so i can create the false perception of job creation just in time for the election.

    PS: screw israel.”

    here’s what he will say tonight: “we must put hard working, salt of the earth, construction workers back out in the workforce so we can have safe roads and bridges for our children. this will be paid for and will not cost 1 penny to any tax payers, and I will bring unemployment down to 4% in just a couple of weeks. The republicans need to learn that jobs come before party lines. We must all sacrifice for our children and grandchildren.

    PS: screw Isr…..corporate jet owners.”

    Report Post »  
  • SamIamTwo
    Posted on September 8, 2011 at 9:09am

    I wonder how history will treat Obama…do you sleep at night…what a strange question to ask a potential president…these people, the ones in power, and the MSMs are weird.

    Report Post » SamIamTwo  
  • SamIamTwo
    Posted on September 8, 2011 at 9:06am

    More unemployment = a happy Obama…get ready to be used and abused. They are lovin’ it as it furthers their liberal agenda…they are building a new base of voters…wait watch and see. Just guessing but dam they are evil.

    Report Post » SamIamTwo  
  • POIPNE
    Posted on September 8, 2011 at 9:02am

    Oh, well, heh heh, this will all improve when “the prez” gives his speech tonight….. right? Right? RIGHT? (Uh…. can somebody shut those crickets up?)

    Report Post » POIPNE  
  • Snowleopard {gallery of cat folks}
    Posted on September 8, 2011 at 8:56am

    One more notch in Mr Obama’s belt on the plan for the universal destruction of America.

    Report Post » Snowleopard {gallery of cat folks}  
    • 13th Imam
      Posted on September 8, 2011 at 9:07am

      If even these “Journalists?? ” can see this it has to be much worse.

      Report Post » 13th Imam  
  • TRONINTHEMORNING
    Posted on September 8, 2011 at 8:55am

    Hey there’s the all-knowing AP again! And another “duh” story from them.

    Report Post »  
  • one years food ration like glenn says
    Posted on September 8, 2011 at 8:54am

    Any reason why it should ? Look who’s watch it is under.. DUH !!!

    Report Post » one years food ration like glenn says  

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