stoje_i_patrze
13.11.09, 18:20
od rana lies lies lies (zalegly post z przed dwóch dni)
Lies Lies Lies
Boobberg- Fewer Americans than anticipated filed claims for jobless
benefits last week, signaling the worst employment slump in the post-World War
II era is easing as the economy expands.
Marketwretch- The number of people filing initial claims for state
unemployment benefits fell by 12,000 to a seasonally adjusted 502,000 in the
week ended Nov. 7, the Labor Department reported Thursday.
That’s the fewest initial claims since early January. Initial jobless
claims have hovered above 500,000 for 52 straight weeks, as the unemployment
rate has climbed to a 26-year high of 10.2%.
AP — New claims for unemployment insurance fell more than expected last
week, evidence the job market is slowly healing as the economy recovers.
Rhoiders- The number of U.S. workers filing new claims for jobless
benefits last week fell to the lowest level since January, the government said
on Thursday, showing the hard-hit labor market may be slowly improving.
Initial claims for state unemployment insurance dropped to 502,000 in the
week ended November 7 from a revised 514,000 the prior week. Analysts polled
by Reuters had expected claims to slip to 510,000 from an initially reported
512,000.
“It shows that companies are cutting jobs at a slower pace than during the
financial crisis,” said Gary Thayer, chief macrostrategist for Wells Fargo
Advisors in St. Louis. “We’re trending in the right direction, but we are
probably several months away from (rising) monthly payrolls numbers.”
The truth is that claims rose by 47,000 to 529,000 last week. Over the last
two months, claims have risen by 130,000. Over the same period last year, in
the midst of a calamitous financial collapse that brought the economy down
with it, claims rose by 110,000. That’s not improvement. It’s a catastrophe.
The media is only reporting seasonally adjusted figures, which is hogwash,
plain and simple.
Also, continuing claims did not drop in the previous week. They rose by
28,000. This was in spite of the fact that 2.7 million people lost their
eligibility to collect benefits. The number eligible for unemployment is now
the lowest since December 2007.
The way they report this is criminal. Here’s what the data looks like before
all their statistical hocus pocus CRAP. We’re still uptrending on initial
claims, and continuing claims are only downtrending because eligibility has
collapsed. Millions are falling out of the safety net.
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blog.ml-implode.com/2009/11/true-lies/