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Jobs market shows further signs of healing/Weekly New Claims

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Jobs market shows further signs of healing/Weekly New Claims

Post by Jen on Thu Mar 17, 2011 10:10 am

Jobs market shows further signs of healing
Jobless claims drop for the third time in four weeks; 4-week average drops
http://www.msnbc.msn.com/id/42126930/ns/business-eye_on_the_economy/


WASHINGTON — Fewer people applied for
unemployment benefits last week, providing support for the view that
there will be stronger job growth this year.


And the nation's factories produced more cars, appliances, computers
and furniture last month, in a sign that manufacturing would continue to
rev up the U.S. economic engine despite the growing nuclear crisis in
Japan. Manufacturing output rose for the sixth straight month.

The Labor Department said on Thursday that applications fell to a
seasonally adjusted 385,000 last week, marking the third decline in the
past four weeks.

The four-week average for claims dropped to 386,250. That was the
lowest level since July 2008, providing evidence that the job market is
on a more solid footing.


Benefit applications below 425,000 signal modest job growth. But the
level of applications needs to fall below 375,000 to be seen as a sign
of sustained declines in the unemployment rate. Benefit applications
peaked at 651,000 during the recession.


Last edited by Jen on Thu Mar 17, 2011 1:27 pm; edited 2 times in total
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by Jen on Thu Mar 17, 2011 10:24 am

I wish the new weekly jobless claims would go down more than this. I think it is still too high.
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by gab1sco on Thu Mar 17, 2011 10:51 am

Not in Florida! It stinks to high heaven. A majority of the jobs available, and believe you me I would jump on anyone of them if someone would just CALL ME!!!, are P/T at $ 8.00 - 9.00 bucks an hour with no benefits.
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by Jen on Thu Mar 17, 2011 10:56 am

gab1sco wrote:Not in Florida! It stinks to high heaven. A majority of the jobs available, and believe you me I would jump on anyone of them if someone would just CALL ME!!!, are P/T at $ 8.00 - 9.00 bucks an hour with no benefits.
It's like that here too. There are no jobs and whenever there is an opening, it is for a part time minimum wage job that gets thousands of applicants.
These new weekly jobless claims don't mean anything. I don't see how they can claim that if a little less people got laid off last week than did the week before, that it means anything like the job market getting better. I wish it meant that but, it doesn't. It's still a huge amount of people getting laid off every week. Eventually, the new weekly jobless claims will have to go down because they will run out of people to lay off but, it still doesn't mean that anyone is hiring. They just love to spin this crap.
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by Jen on Thu Mar 17, 2011 11:46 am

http://www.huffingtonpost.com/huff-wires/20110317/us-unemployment-benefits-glance/

State-by-State unemployment claims, at a glance
The Associated Press | March 17, 2011 09:10 AM EST |

Fewer people sought unemployment benefits last week, marking
the third decline in the past four weeks. Economists expect that
applications will continue to decline as the economy improves.
Below are the states with the biggest changes in weekly unemployment
benefits and some of the reasons for the shifts. The state-by-state data
is for the week that ended March 5, one week behind the national data.
States with the biggest drops in claims:
Massachusetts: Down 2,482. The state provided no reason for the change.
Oregon: Down 1,680, with no reason provided.
Rhode Island: Down 1,120, reflecting fewer layoffs in the service and manufacturing industries.

States with the biggest increases in claims:

New York: Up 17,926, reflecting layoffs in the transportatin and service industries.
California: Up 13,388, reflecting the fact that state claims offices
were open for a full five days to process claims after a week in which
the President's Day holiday had reduced the time to process claims.
Illinois: Up 4,514, reflecting a return to a regular workweek for claims offices.
Pennsylvania: Up 3,907, reflecting higher layoffs in the construction, trade, service and transportation industries.
Texas: Up 2,828, reflecting higher more layoffs in trade, service and manufacturing industries.
Ohio: Up 2,246, reflecting more layoffs in the auto industry.
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by Jen on Thu Mar 17, 2011 11:52 am

Fewer people apply for unemployment benefits
http://www.huffingtonpost.com/huff-wires/20110317/us-unemployment-benefits/


Stocks rebound on drop in unemployment claims
http://www.huffingtonpost.com/huff-wires/20110317/us-wall-street/


Month-Average Jobless Claims Fall To Lowest Level Since July 2008
http://www.huffingtonpost.com/2011/03/17/jobless-claims-low_n_836979.html
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by DISPLACED DRIFTER on Thu Mar 17, 2011 12:01 pm

My ears still do not hear the welcome bell ring for us all of us exhausted unemployed in the state of Connecticut..It is a fact, that the Borders music and book store will, be closing all there stores in the state of Connecticut...There big distress sale as started....and all of our bought and paid for newscasters on the ct morning news, continue to spin a Rosie picture for any idiot to believe it...like i said many moons ago there will never be any more help for the 99ers especially in this state...continued good luck to everyone here for your ability to survive this long....get my drift....

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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by mrgolf on Thu Mar 17, 2011 12:14 pm

DISPLACED DRIFTER wrote:My ears still do not hear the welcome bell ring for us all of us exhausted unemployed in the state of Connecticut..It is a fact, that the Borders music and book store will, be closing all there stores in the state of Connecticut...There big distress sale as started....and all of our bought and paid for newscasters on the ct morning news, continue to spin a Rosie picture for any idiot to believe it...like i said many moons ago there will never be any more help for the 99ers especially in this state...continued good luck to everyone here for your ability to survive this long....get my drift....
Good luck to you Drifter
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by js123 on Thu Mar 17, 2011 1:25 pm

It is all bull sh___t to me. Show me the jobs!
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by JaneWI on Thu Mar 17, 2011 1:31 pm

js123 wrote:It is all bull sh___t to me. Show me the jobs!

X2, not only show me the jobs, but show me the full time jobs that have any sort of benefits.
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Re: Jobs market shows further signs of healing/Weekly New Claims

Post by KeeptheFaith on Thu Mar 17, 2011 1:36 pm

js123 wrote:It is all bull sh___t to me. Show me the jobs!

Exactly.....Where are the JOBS....
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Re: Jobs market shows further signs of healing/Weekly New Claims

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