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  Topic: Fewest Americans since
February 2008 sought jobless
aid last week
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Fewest Americans since
February 2008 sought jobless
aid last week

Associated Press, by Staff

Original Article

Posted By:JoniTx, 10/11/2012 9:38:54 AM

The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the lowest level in more than four years. The sharp drop offered a hopeful sign that the job market could pick up. The Labor Department said Thursday that weekly applications fell by 30,000 to the fewest since February 2008. The four-week average, a less volatile measure, dropped by 11,500 to 364,000, a six-month low. Weekly applications are a proxy for layoffs. They can fluctuate sharply from week to week. If they stay near last week's level, it would likely signal better hiring ahead.

      


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Reply 1 - Posted by: TexasRed, 10/11/2012 9:43:28 AM     (No. 8925298)

AP is doing their part to jack up a failure of a pseudo-president.

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Reply 2 - Posted by: pomom, 10/11/2012 9:47:02 AM     (No. 8925310)

Stuart Varney just reported that ''one large state'' did NOT report their jobless claims. What? I've been trying to find out which state that was but I haven't been able to. I'm sure we'll find out soon enough.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: antiquegolf, 10/11/2012 9:47:26 AM     (No. 8925311)

Just wait until the October report. These creeps may spring a 6.9 percent unemployment level on us. There is nothing they won't do or say to retain power.

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Reply 4 - Posted by: JoniTx, 10/11/2012 9:47:49 AM     (No. 8925312)

I believe I heard it was Illinois.

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Reply 5 - Posted by: Frank Dunn, 10/11/2012 9:50:20 AM     (No. 8925321)

This bogus drop,gives Weird Joe strutting points for tonight's debate and for the 2nd presidential debate on Monday. Drop caused by "one large state not reporting quarterly numbers", apparently CA. Sacramento must have forgotten to send the weekly fax or the machine was out of ink in D.C.

Since last week's and each of the previous 67 weeks have been revised upward, expect the same next Thursday. But note that next week's estimate will be below the actual upward revision so that AP can write, "Claims Fall".

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Reply 6 - Posted by: Aria, 10/11/2012 9:54:19 AM     (No. 8925332)

How conveenienttt that a big rat state didn't report but they announced the numbers anyway.

And they have the nerve to call Romney a liar.

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Reply 7 - Posted by: FunOne, 10/11/2012 10:06:53 AM     (No. 8925369)

The AP spiins the fact that 339,000 Americans seeking unemployment benefits in a month is really an "attaboy" for Obama.

Ah, the literary gymnastics of a "free press".

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Reply 8 - Posted by: snapper451, 10/11/2012 10:07:52 AM     (No. 8925375)

The Labor Secretary is obviously trying to save her own job with this weeks data and fudging last week's data. Perhaps Mr. Axelrod has a hand in this? I think this data is faxed in - what would it take to put "call block" on the fax number for a "big" state (or 2 or 3)? Then the explanation would be that they just never sent it in!

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Reply 9 - Posted by: Robinsolana, 10/11/2012 10:15:22 AM     (No. 8925414)

More fun with phoney numbers.
Millions and millions of workers have just stopped looking.
Millions more have just gone on disability.

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Reply 10 - Posted by: mabelkitty, 10/11/2012 10:25:53 AM     (No. 8925451)

Yep. Not all of the data was collected.
Which state and who is the governor?

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Reply 11 - Posted by: convert, 10/11/2012 10:27:09 AM     (No. 8925456)

I look forward to Ryan calmly telling Joe and the "journalist" moderating that these stats are completely inaccurate because they omit a large state! I hope he also points out how "convenient" the error is for the administration.....

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Reply 12 - Posted by: Mr. Hanky, 10/11/2012 10:31:05 AM     (No. 8925470)

"Unexpectedly"

The BS continues.

Read here

http://www.zerohedge.com/news/2012-10-11/data-massaging-continues-initial-claims-tumble-339k-lowest-2008-far-below-lowest-exp


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B-G1


 
Reply 13 - Posted by: JAN, 10/11/2012 10:46:56 AM     (No. 8925526)

OOOPPPSSS

There goes another lie.

ha ha ha

Wonder how their fellow travellers like being had..big time.

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Reply 14 - Posted by: King of all trolls, 10/11/2012 10:52:00 AM     (No. 8925547)

Happy days are here again.
Fake but accurate should be the democrat campaign slogan.

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Reply 15 - Posted by: WayneDavis, 10/11/2012 10:53:30 AM     (No. 8925552)

Each week these numbers come out the gutless RNC remains mostly silent. They do not pro-actively explain that lower number unemployment numbers could mean more part time holiday workers are coming into the work force as they do every single year around this time. Lower numbers seeking unemployment aid could mean more people have given up.

I expect Paul Ryan, who has the guts to say so, will make the point absolutely clear tonight against POS Joe.

The unemployment numbers are completely bogus based on the assumptions of government employees who favor Obama and seek to keep him in office.

No one can convince me otherwise.

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Reply 16 - Posted by: ZurichMike, 10/11/2012 11:09:48 AM     (No. 8925616)

Because they can't seek jobless aid after their unemployment benefits run out. They are permanently unemployed, get it?
I loathe the Obama thugs and their media lackeys.

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Reply 17 - Posted by: woodenleg, 10/11/2012 11:12:00 AM     (No. 8925620)

aaahhhh................yeah.......sure.

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R_DBL_B
  


 
Reply 18 - Posted by: Reality, 10/11/2012 11:18:36 AM     (No. 8925642)

Figures don't lie , but Liarsc figure
Particularly in 0blamer's BLS

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