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  Topic: New U.S. jobless claims
jump 38,000 to 368,000
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New U.S. jobless claims
jump 38,000 to 368,000

Market Watch, by Jeffry Bartash

Original Article

Posted By:NorthernDog, 1/31/2013 8:50:48 AM

WASHINGTON - The number of people who filed new applications for U.S. unemployment benefits climbed 38,000 to a seasonally adjusted 368,000 in the week ended Jan. 26, putting them at a one-month high, according to Labor Department data released Thursday. Economists surveyed by MarketWatch expected claims to climb to 355,000. Initial claims have returned to a level that prevailed through the later stages of 2012 after touching a five-year low earlier this month. Claims are often extremely jumpy in January after the end of the holidays and the start of a new year. Companies let go of temporary hires

Comments:
Another surprise, surprise, surprise, from the Gomer administration.

      


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Reply 1 - Posted by: raphaela, 1/31/2013 8:57:20 AM     (No. 9150136)

They shouldn´t be figuring temp hires into the job numbers anyway.


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Reply 2 - Posted by: tren9, 1/31/2013 9:00:13 AM     (No. 9150142)

The January jitters are accounted for in the phrase ´seasonally adjusted.´

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Reply 3 - Posted by: Patchy Groundfog, 1/31/2013 9:03:09 AM     (No. 9150146)

If seasonal adjustments occur 12 months a year then what, exactly, is the baseline if it exists at all?

Government measurement of its own performance is beyond a joke. It´s akin to giving an NFL coach the controls for the scoreboard and telling him to ´keep it close.´

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Reply 4 - Posted by: Jethro bo, 1/31/2013 9:08:04 AM     (No. 9150162)

After yesterday´s report, I am sure this was totally unexpected. Come on, the goobernment can no longer hide (nor does it care to hide now that Da Won is coroneted) the awful truth about our economy. Something most of us knew from living in the really real world.

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Reply 5 - Posted by: Pearson365, 1/31/2013 9:10:17 AM     (No. 9150169)

Fox News, talk radio and Repubs are to blame for this. If that lie doesn´t work, try "I need 8 years to clean up he mess left by Boooosh."

Fore!



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Reply 6 - Posted by: sgtfox of the jarhead clan, 1/31/2013 10:09:31 AM     (No. 9150304)

The media will report this as a sign of stability. In the backward wired brains of democrats where ´FOREWARD´ is backward ,this news will be accepted as proof that Obama is making progress.

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Reply 7 - Posted by: lil dotty, 1/31/2013 10:15:09 AM     (No. 9150317)

What a difference a day makes. Baselines are for the baseball stadium. Time to bring out the bats.

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Reply 8 - Posted by: Ida Lou Pino, 1/31/2013 10:28:38 AM     (No. 9150350)

Oh, my - - this was so surprising!

I´m at a loss for words.

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Reply 9 - Posted by: djcdjc, 1/31/2013 10:34:44 AM     (No. 9150366)

Is Dem progress adding 150k jobs a month to a 368k jobless a week recovery.....?

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Reply 10 - Posted by: montanabound, 1/31/2013 10:36:36 AM     (No. 9150374)

Unexpected, too!

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Reply 11 - Posted by: suziesuburbanite, 1/31/2013 11:17:36 AM     (No. 9150487)

More hope and change turning into fear and loathing

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Reply 12 - Posted by: King of all trolls, 1/31/2013 11:19:19 AM     (No. 9150491)

Bring on the amnesty. How much higher will that unemployment rate rise? The GOP and DNC are two-timing the working class.

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Reply 13 - Posted by: jimmyfoxhound, 1/31/2013 11:24:40 AM     (No. 9150510)

This is the most stunning and unexpected news that I have ever heard in my entire life!!!

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Reply 14 - Posted by: TXknitter, 1/31/2013 4:47:30 PM     (No. 9151070)

Why on earth aren´t Republican think tanks, PACs, money groups out there organizing marches for the masses who are being laid off every day? COME ON!

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Reply 15 - Posted by: KTWO, 1/31/2013 4:57:48 PM     (No. 9151092)

#3 I like your scoreboard analogy. IMO this administration systematically lies about everything just to keep in practice.

The monthly adjustment would be based upon how much the same month has gone up or down in previous years.

I watch these initial claims because they come in from state governments and Washington can´t fiddle with them very much. Even so I think they conveniently left out California a few months ago.


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