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Jobless claims rise more than expected
Reuters, by Lucia Mutikani

Original Article

Posted By:NorthernDog, 1/31/2014 5:24:11 PM

WASHINGTON - The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal. Initial claims for state unemployment benefits increased 19,000 to a seasonally adjusted 348,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 3,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 330,000 in the week ended January 25. The four-week moving average for new claims, considered a better measure of underlying labor market conditions

Comments:
They´re blaming the MLK holiday for the ´volatile claims´.

      


Post Reply  

Reply 1 - Posted by: revdeppisch316, 1/31/2014 5:31:54 PM     (No. 9713638)

FTA: "but the underlying trend suggested the labor market continued to heal"

Just in time to welcome 11 million illegals to the "new" and "improved" GOP.

GOP= Greedy Old Pharts

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Reply 2 - Posted by: NYC RAL, 1/31/2014 5:36:02 PM     (No. 9713648)

Since the surgery, the patient continues to bleed like a slit pig but the underlying trend of my work suggests the patient will continue to heal and might even live." "If your like your doctor you can..."

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Reply 3 - Posted by: ida Lou Pino, 1/31/2014 6:13:45 PM     (No. 9713714)

Oh my goodness!

This is a "surprise" - - it´s "unexpected" - - it´s "unanticipated" - - none of the "experts" predicted it.

What are we to do? Are we all going to DIE?

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Reply 4 - Posted by: watashiyo, 1/31/2014 6:22:32 PM     (No. 9713733)

They expect us to trust the numbers and the statistics released by the government when in 30 days it keeps changing, UNEXPECTEDLY! An EXPECTED pattern they can´t seem to change.

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Reply 5 - Posted by: Rafter, 1/31/2014 6:42:15 PM     (No. 9713779)

Yep, it was just as "unexpected"...

as all that cold weather (in Atlanta and everywhere else)...

I am SHOCKED! SHOCKED!
at all this unemployment and cold weather.
Who´d a thunk it could ever happen here???

Jobless claims rise?
Well... the Sun also rises...
And no doubt...
The sun´ll come out... Tomorrow...
Betcher bottom dollar that... Tomorrow...
There´ll be Sun...

Especially if NO-Bomber gets clobbered in the 2014 midterms in November...
Losing the Senate and House despite Boehner´s efforts to help him.

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Reply 6 - Posted by: fordtran, 1/31/2014 7:35:32 PM     (No. 9713850)

Just a whiff of the minimum wage going up and hiring goes in the crapper. Count on waiting a little longer to check out at the grocery store or get your "fast food".

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Reply 7 - Posted by: JimBob, 2/1/2014 12:22:03 AM     (No. 9714065)

There´s that WORD again!
Unexpected, Unexpected, Unexpected.
I have never seen it used so many times when describing bad economic news as during THIS (spit) administration!

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Reply 8 - Posted by: Libertygal, 2/1/2014 5:00:17 AM     (No. 9714125)

You mean the permanent Martin Luther King holiday for Holder´s People?



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