Jobless claims on downward trend
By Lucia Mutikani
WASHINGTON
WASHINGTON (Reuters) -
The number of U.S. workers filing new claims for jobless aid edged up
by a slim 1,000 last week and a gauge of underlying labor market
trends hit a nearly 16-month low, evidence the job market continues to
heal.
The Labor Department said on Thursday initial claims for state
unemployment benefits rose to 434,000 after declining for two
consecutive weeks.
Wall Street analysts had expected claims to hit 447,000.
..............................................................................................................................
"The steady decline in initial jobless claims suggests that job losses
are rapidly coming to an end." said Julia Coronado, an economist at
BNP Paribas in New York who expects payrolls increased 25,000 last
month.
....................................................................................................................
STRONG HEALING SIGNS
The pace of layoffs has slowed sharply in recent months as the economy
resumed growth following its worst recession in 70 years.
The improving labor market tone was underscored by a drop in the
four-week moving average for new claims last week to the lowest level
since mid-September 2008.
...................................................................................................................
"The persistent downtrend evident in these data is encouraging and
corroborates our view that the employment situation is turning," said
Michelle Girard, a senior economist at RBS in Greenwich, Connecticut.
________________________________________________________
Slowly but surely.
Harry
Bullshit - read the article. The number of new unemployment claims
goes UP - not down - and anyone says that the job market is
improving? The mall parking lot is nearly empty, the mall 3/4
unleased here and foreclosed on - and anyone doesn't see the reality
of the Obama Depression despite the "green shoots" propaganda?
http://www.Internet-Gun-Show.com - your source for hard-to-find stuff!
Bullshit - read the article.
========
Why? You never do. You are a Limpballs parrot.
-----
Bad Economic News For America Is Bad News For 'RATs
On Jan 7, 11:01 am, Harry Hope <riv...@ix.netcom.com> wrote:
> From Reuters, 1/7/10:http://www.reuters.com/article/idUSTRE6062LW20100107
>
> Jobless claims on downward trend
>
> By Lucia Mutikani
> WASHINGTON
>
> WASHINGTON (Reuters) -
>
> The number of U.S. workers filing new claims for jobless aid edged up
> by a slim 1,000 last week and a gauge of underlying labor market
> trends hit a nearly 16-month low, evidence the job market continues to
> heal.
>
> The Labor Department said on Thursday initial claims for state
> unemployment benefits rose to 434,000 after declining for two
> consecutive weeks.
>
> Wall Street analysts had expected claims to hit 447,000.
>
> ..............................................................................................................................
>
> "The steady decline in initial jobless claims suggests that job losses
> are rapidly coming to an end." said Julia Coronado, an economist at
> BNP Paribas in New York who expects payrolls increased 25,000 last
> month.
>
> ....................................................................................................................
>
> STRONG HEALING SIGNS
>
> The pace of layoffs has slowed sharply in recent months as the economy
> resumed growth following its worst recession in 70 years.
>
> The improving labor market tone was underscored by a drop in the
> four-week moving average for new claims last week to the lowest level
> since mid-September 2008.
>
> ...................................................................................................................
>> The number of U.S. workers filing new claims for jobless aid edged up
>> by a slim 1,000 last week and a gauge of underlying labor market
>> trends hit a nearly 16-month low, evidence the job market continues to
>> heal.
This Democrat run system is like the old USSR where they would tell you
that thing were great, even when most people couldn't get food or toilet
paper.
How many jobs were created by our Private sector economy this month?
"Psychic Democrat" <a...@sbcglobal.net> wrote in message
news:hi5133$lot$1...@news.eternal-september.org...
> Why? I Never do. If I did then I would have to explain this from the
> article.
The Labor Department said on Thursday initial claims for state
unemployment benefits rose to 434,000 after declining for two
consecutive weeks.
-----------------
Yeah and we know you cant
Where's all them green shoots Hairy Dope, still losing jobs, not
creating em are we, actual
unemployment nearing 20%
Ohhhh Baby let the good times roll fuckwit!
Bullshit.