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I wonder if our smart elected officials in DC will figure out that claims dropped because 200,000 unemployed workers became 99er's?
Jobless benefit rolls drop sharply; new claims dip - Yahoo! News (http://news.yahoo.com/s/ap/us_jobless_claims - broken link)
I think I read somewhere that the "continued claim" statistic only includes regular benefits, not EUC or EB. I looked at DOL.GOV but can't find the info on what is/isn't included. But I would think the number would be higher than 4.5M if it included all extended claims...
I think I read somewhere that the "continued claim" statistic only includes regular benefits, not EUC or EB. I looked at DOL.GOV but can't find the info on what is/isn't included. But I would think the number would be higher than 4.5M if it included all extended claims...
I don't try to figure out how they come up with the numbers, I gave up. All I know is when the new 99er's fell off they made the number look better, as in things are good, millions of jobs out there.
I may have missed something in that article. It seems to say that since it (Census) dragged down hiring in private sector that it wasn't a true representation of the employment picture. It also seems to suggest that it's 'normal' for the employment numbers in the private sector to go down if we look at the last 50 years. Tell me where you see that there saying it's positive?
I may have missed something in that article. It seems to say that since it (Census) dragged down hiring in private sector that it wasn't a true representation of the employment picture. It also seems to suggest that it's 'normal' for the employment numbers in the private sector to go down if we look at the last 50 years. Tell me where you see that there saying it's positive?
That's the way I read it too, but the argument was pretty weak - the census "stole" all the hundreds of thousands of part-time workers that Walmart and Target wanted to hire. Right. As for the "50 year trend" some of those 5 censuses occurred in some atypical years - 1970 (student unrest, Kent State shootings); 1980 (Carter, "misery index", Iran hostage crisis); 1990 (Gulf war, soviet collapse); 2000 (dotcom bubble).
The last point - In addition, the impact of the Census delays the ability of businesses to hire workers - is thrown out with no explanation at all - I have no idea what that is supposed to mean.
I may have missed something in that article. It seems to say that since it (Census) dragged down hiring in private sector that it wasn't a true representation of the employment picture. It also seems to suggest that it's 'normal' for the employment numbers in the private sector to go down if we look at the last 50 years. Tell me where you see that there saying it's positive?
There were only 41,000 private sector jobs created in May. The experts were expecting 280,000, I will try to find the article and link it. But all and I mean all the top economist were expecting private sector hiring to be greater. Which means if Congress looks at that, it's positive in that they can't say "lots of private jobs in May". It should help both extensions and Tier 5 momentum.
This is all the same baloney about how the government involvement his impacting hiring. That involvement is the census and extended unemployment benefits. If only the government were to get out of the way there would be 2 million employed by the end of summer because everyone would be trying to get off the dole.
Qualified Witness' Called to speak on Extending Unemployment at House Ways and Means Meeting
Credible witness' (Senior Economists) that spoke in favor of extension of TIERS and their testimonys included the reasons that we've all (99ers) come to experience. Great support for TIER V outlook.
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Petition writer and article writer suggests letters with personal unemployment stories sent to......
