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Remember a few weeks ago, when someone came in here saying employment was improving?

Remember when people said that was the big news headline, and in a few weeks they'd adjust the numbers and it would barely make the news? Yeah, it's readjust the numbers day. Unless you happen to watch something like CNBC in the morning, you probably missed this:

"The Labor Department said Thursday that first-time claims increased by 18,000 in the week ended April 3, to a seasonally adjusted 460,000. That's worse than economists' estimates of a drop to 435,000"

http://www.google.com/hostednews/ap/article/ALeqM5gNiyJ905Ho0Ur96V2TQhsBX19lGwD9EUVMNG0

Still think that's good news?

Answer Question
 
NotPanicking

Asked by NotPanicking at 2:10 PM on Apr. 8, 2010 in Politics & Current Events

Level 51 (421,172 Credits)
Answers (8)
  • NotPanicking

    Answer by NotPanicking at 2:10 PM on Apr. 8, 2010

  • http://www.npr.org/blogs/money/2010/04/jobless_claims_jump_but_econom.html

    I hadn't missed it. Now, here's another report I found interesting:

    http://www.dailybulletin.com/ci_14839529

    An excerpt:
    Husing: Slow recovery for the rest of 2010

    ONTARIO - The good news is, there's no more bad news.

    Moderate job growth - more than 10,000 new jobs, mostly in the blue collar sector - will arrive this year, leading a gradual recovery for the Inland Empire region, said economist John Husing at the Ontario Convention Center on Wednesday.

    "It's not wild job creation but positive boost we'll be seeing in the economy," Husing said."

    Why do I find this interesting? Because this region felt the impact of the collapse before most of the rest of the country. Keep an eye on California's Inland Empire. We're the canaries of the economic coal mine.
    gdiamante

    Answer by gdiamante at 2:14 PM on Apr. 8, 2010

  • Get PBO's administration to admit they celebrated without cause.
    jesse123456

    Answer by jesse123456 at 3:23 PM on Apr. 8, 2010

  • The numbers would improve if unemployment checks and welfare weren't given for months or years at a time. If handouts aren't given, more people would have to get off their butts and actually work.
    Anonymous

    Answer by Anonymous at 3:24 PM on Apr. 8, 2010

  • Bring on the jobs smarta88 anon!
    tyme4me2day

    Answer by tyme4me2day at 3:29 PM on Apr. 8, 2010

  • UHHH yeah, that would be the government. LOL Wrong again. Love watching them fall all over themselves. Things are always "unexpected" with them.
    itsmesteph11

    Answer by itsmesteph11 at 3:55 PM on Apr. 8, 2010

  • LOL Here's an article ladies gotta love this..Scott county is close to my county..their UE rate has been over 18% and so Gov Bredesen (D) is now distributing some stimulus funds to create what appears to be 150 temp government or private sector jobs..BUT the requirments? You have to be really broke.This is some crazy mess to me.


    link http://www.wate.com/Global/story.asp?S=12277800&Call=Email&Format=HTML

    tnmomofive

    Answer by tnmomofive at 3:58 PM on Apr. 8, 2010

  • That makes no sense whatsover Tnmomoffive! Seems to me that if these seriously broke folks had the education and experience to do these sorts of Gov. jobs, they'd already be doing them...now they get to get paid to half ass a summer job that they lose in a few months anyway. Yippee!

    SterlingLegend

    Answer by SterlingLegend at 5:52 PM on Apr. 8, 2010

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