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"Jobless Claims Climb Back Over 400,000"

Unexpectedly, as expected.

34 Replies to “"Jobless Claims Climb Back Over 400,000"”

  1. And last week’s number was revised upward again. Unexpectedly!

  2. DarthLevin says:

    And our chocolate ration was raised from 30 grams/week to 25 grams/week.

    Yay Socialisms!

  3. motionview says:

    China’s superior economic model, by Wade Rathke’s conduit to the Administration Andy Stern.
    Masks off.

  4. JD says:

    One would expect that there would be a seasonal uptick due to temp workers for the holidays. That they are not evn seeing that yet should be very disturbing, at least to rational people.

  5. MissFixit says:

    Every kid entering college right now needs to seriously reconsider and think about going into a skilled trade. Unless they want to be doctors or engineers, just about everything else is useless.

    I have a friend with 4 kids in college, and none of them majored in a hard science. I see bleak days ahead.

  6. JHoward says:

    Wrote my Team R critter a couple months ago, demanding that Holder go.

    No reply. Instead he fills my inbox with polls, asking if it’s the Dems or the Reps who should fix this or that.

    Pursuant the topic, I’m thinking that urgently urging the dufus to introduce with urgency a bill criminalizing Communism– you know, because of the wiles of free-speaking democracy as the left proudly wields it to bring democracy to an end east of the Pacific — might just go nowhere.

    Just a hunch. I mean, it might. Like the one that says we’re screwed.

  7. JHoward says:

    Every kid entering college right now needs to seriously reconsider and think about going into a skilled trade.

    Which requires a manufacturing base to fund. Which means a death spiral with said China.

    Which has begun.

    Endgame = seeing whose shit currency holds on the longest.

  8. LBascom says:

    “this is a slow and uneven recovery”

    -local TV news reader

  9. TaiChiWawa says:

    The headline figure is seasonally adjusted. The holiday employment effect can be seen in the unadjusted data which showed a significant decline in new claims last week. The main point is that joblessness continues to be a problem.

  10. JD says:

    What are the chances of Italy being able to honor 5% on a 3 month note?

  11. Ernst Schreiber says:

    The superior China Model, like the superior EU Model before it, is entirely dependent on the American consumer.

  12. DarthLevin says:

    JD, about the same chance that Sarah Palin will reveal that she is really a gender-reassigned, surgically altered, not-really-dead Sonny Bono. And that Bristol is a robot.

  13. JD says:

    Thanks, Darth. I am a greedy capitalist.

  14. TaiChiWawa says:

    I should also point out that the unadjusted claims data for last week reflects the Thanksgiving closure of state labor offices whereas the headline figure includes an adjustment factor to compensate for the lost day.

  15. Carin says:

    I had a mom at a soccer game (meaning, I know her, but don’t “know-know” her) tell me about how her son is gearing up for college and wants to study/be a “sports journalist”.

    What planet are these people living on?

  16. JHoward says:

    China and the Fed.

  17. Blake says:

    JD, Italy can easily afford to pay 5% on a three month note. All Italy has to do is put Florence up as collateral, borrow against the art treasures in Florence and voila! payment made.

  18. Carin says:

    JD – my husband has nixed the Tough Mudder in April. He says he fears for my inability to deal with the cold.

    But there is one in Aug in Toronto …

  19. JD says:

    Carin – Your hubby is a pissy :-) I have faith in you.

  20. Carin says:

    I dunno. I was kinda of worried about it myself. August sounds a lot nicer.

  21. Carin says:

    If it were just running, no problem. But running while wet? In April.

    I *may* die.

  22. JD says:

    I did not die in November, nor will I die in March ;-)

  23. sdferr says:

    So he’s admitting he doesn’t know how to buy pizza?

  24. Carin says:

    I’m a bit weird, though. some days, I go and sit in my car just to warm up. After the half, and it was in the 50’s, I almost died shivering to death.

    I’m getting old, or something.

  25. sdferr says:

    I’m officially cold right now, and it’s currently 67° out.

  26. leigh says:

    Every kid entering college right now needs to seriously reconsider and think about going into a skilled trade.

    I don’t think so. My senior-in-college son is all thumbs and hates math, but has a photographic memory and is a fantastically talented writer. The world needs people with a command of the written word, as well. His HS aged brother is the math and science whiz kid.

  27. motionview says:

    Greedy capitalist bastards. Want to really make them pay? Cut tax rates.

    As Art Laffer keeps telling anyone who’ll listen, it works every time. Between 1980 and 2007, the US cut taxes at all income levels. Result? The top one per cent went from paying 19.5 per cent of all taxes to 40 per cent. In Britain, since the top rate of income tax was lowered to 40 per cent in 1988, the share of income tax collected from the wealthiest percentile has risen from 14 to 27 per cent.

  28. Ernst Schreiber says:

    And give up class warfare rhetoric? Shirley, you jest.

  29. motionview says:

    I didn’t even go past the headline, but I’m guessing this unexpected neglects to mention a government shutdown in which the moron governor’s desire to spend, tax, and borrow more was denied by the Republicans. Hmmmm? Any kind of causality there? Let’s see.

    The surplus will turn the traditional budget fights on their head. Earlier this summer, legislators beat down a $5 billion deficit to end a 20-day state government shutdown. Now, Republican lawmakers and the DFL governor may have to fight over how and whether to spend the windfall, bank it for troubled times or pay back a school shift that rankles all sides.

    Somebody beat something down, we can’t remember who was on what side but anyway let’s start spending it! Unexpected free money is the best free money.

  30. Ernst Schreiber says:

    The Strib will see to it that Dayton gets all the credit for having the courage to shut down the government.

  31. geoffb says:

    I’m officially warm right now, it’s 38 and the 6 inches of heavy wet stuff is melting.

  32. geoffb says:

    Giving it back never crosses their minds does it?

  33. LBascom says:

    “Every kid entering college right now needs to seriously reconsider and think about going into a skilled trade.”

    I don’t think entrepreneurship is completely dead. For example, a friend of mine just started his own business. He manufactures landmines that look like prayer mats. It’s doing well…

    …He says prophets are going through the roof.

  34. happyfeet says:

    the war on jobs grinds on

    obama is indefatigable

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