Jobless claims fall to lowest level since 2000 (unemployment rate, Congress, middle east)

[WilliamSmyth]

Originally Posted by SourD

lol...only people collecting UE are being counted. Many have exhausted their claims. Only fools use those numbers to see it as a good sign.

What part of "New" jobless claims did you miss or not understand?

[sxrckr]

Originally Posted by texan2yankee

Not surprisingly, another poster who reads a rosy headline and chooses not to delve into the less than rosy facts behind the headline.

... and Bush Derangement Syndrome.

[WilliamSmyth]

Although I don't think anyone should put much stock in a single statistic, I think this is an interesting moment in that the US has never sustained this low of initial claims since the early 1970s.

[Floorist]

Originally Posted by SourD

lol...only people collecting UE are being counted. Many have exhausted their claims. Only fools use those numbers to see it as a good sign.

But it's the same way the Repubs figured it the last time there was low unemployment under a repub president, what was that, 50 years ago.

[steven_h]

Originally Posted by Boss

Its amazing to me why people vote for the GOP.

It sure doesn't take much to amaze you! That's like saying "I can't believe anyone thinks differently than I do!"

No wonder you people look at Obama with dilated pupils.



That's the look of unquestioning Obama love!

[ZUMAN]

Originally Posted by Floorist

But it's the same way the Repubs figured it the last time there was low unemployment under a repub president, what was that, 50 years ago.

Under Obama, it does seem like 50 years ago.

[RaymondChandlerLives]

Originally Posted by BentBow

Then they were pushed over to food stamps and public assistance. Those numbers are way up.

Sure, count those on unemployment, when there is a timeline to that statistic and then you don't get counted anymore. You may or may not be better off, but the food stamp & public assistance rise, tells if they were better off, or didn't find a job.

Wrong. Food stamp usage is trending down too. It would fall further if the Cons allowed for the raising of the minimum wage, which has not kept pace with rising costs of living.

[Crossfire600]

income Ineqaulity

The Feds don't buy the 5.9% bull chit either. Sm

[Crossfire600]

income Ineqaulity

The Feds don't buy the 5.9% bull chit either. Smoke and Mirrors.

[workingclasshero]

Originally Posted by RaymondChandlerLives

Wrong. Food stamp usage is trending down too. It would fall further if the Cons allowed for the raising of the minimum wage, which has not kept pace with rising costs of living.

raising the min wage will NOT lower welfare/food stamps

heck you qualify for food stamps as a family of 4 making 35k..... more than double min wage


raising the min wage will just hurt the poor and middleclass even more