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44 Comments
- DiggerLater, on 11/06/2009, -2/+19I'll just strap on my job helmet and squeeze down into a job cannon and fire off into jobland, where jobs grow on little jobbies.
- allnuts, on 11/05/2009, -13/+28Yet the unemployment RATE continues to rise. How about a meaningful statistic? Compare the new jobless claims with the total number of employed and you will see, since there are far fewer jobs, the percentage of workers being laid off is increasing. The same people who "told you there would be no math" are using numbers to deceive you.
- smemily, on 11/06/2009, -2/+11It would be more accurately described as a deceleration rather than a decrease.
- gobbleplex, on 11/06/2009, -1/+9You can only file a *new* claim once. The article is talking about new claims.
- Briones07, on 11/06/2009, -2/+8Well, it could just be a seasonal thing. We hired about 8 people recently because, you know, holidays...
- eltmon, on 11/06/2009, -3/+8Wow, I'm sure those 512,000 people are relieved that job cuts are "easing."
- CaughtThinking, on 11/06/2009, -4/+9I guess some people are too angry having tea parties to go find themselves a new job.
- RomeyRome, on 11/06/2009, -0/+32 years with all the extensions.
- reed311, on 11/06/2009, -1/+4I know some people that make 500-600 a week delivering pizza.
- Trick07, on 11/06/2009, -10/+13Further proof that Obama and his stimulus plan is working. It's bad enough that Obama had to inherit this mess from Bush who was busy taking money from the poor and giving it to his cronies on Wall St. What really sucks is all these racists who hate Obama for being black and watch too much Fox News going on about the actual numbers.
- AdrenalineJunky, on 11/06/2009, -5/+8The tea party thing is getting a bad wrap. It was initially started as a protest against bailouts. That was it. It was not a Democratic or Republican thing, because both parties are sucking at the corporate teat and supporting bailouts. Then the right wing nuts jumped on board and turned it into an anti-Obama, anti-government thing. So now, unfortunately, a very targeted protest movement has become a joke. It is sad, really.
- computershack, on 11/06/2009, -0/+2New jobless claims drop to 512,000 and thats a sign the economy is improving? Personally I see it more of a sign that just about everyone who can be let go has been.
Let me know when the jobless totals start to drop, rather than there being a reduction in the speed of the rise. At that point, I might be convinced things are changing. - diggydougie, on 11/06/2009, -1/+3Pizza delivery pays more than unemployment does. And they are always hiring.
- buckrogers1965, on 11/06/2009, -0/+253 years.
- Wosat, on 11/06/2009, -2/+4The second derivative of the employment numbers is positive! Yay?
- anarcurt, on 11/06/2009, -2/+4400k is typically neutral. That means another 100k were likely added to the total unemployed.
- Wosat, on 11/06/2009, -0/+2First derivative is the change, which is still getting worse.
Second derivative is the change of the change, which is getting better. (i.e., the rate that it's getting worse is slowing) - BasalCellBossk, on 11/06/2009, -0/+2Oh, of *course* /s
You believe that because you are a partisan hack. The stimulus is obviously working, but because you're a Republican, you have to deny it. - Zeeber, on 11/06/2009, -0/+2They should have upgraded to at least 1024K and gotten the performance boost
- bitmanx, on 11/06/2009, -2/+4At this rate how many more years before it drops to a decent level?
- smemily, on 11/06/2009, -0/+2Amnesiac, the reason is probably that you have to be "available" to work standard hours, which a college schedule can mess up. I seem to remember that Obama was encouraging states to change that so workers trying to educate themselves could still file, but since unemployment is state run, he could only encourage it, not mandate.
However if it was several months ago that you were denied, you might try applying again. It may work this time.
Aha: article about it here:
http://www.wrdw.com/money/headlines/44741992.html
Idiots getting butthurt about it and failing to understand unemployment here:
http://answers.yahoo.com/question/index?qid=200905 ... - AmnesiacJack, on 11/06/2009, -0/+1Ahh my bad then.
<--- Was denied his unemployment claim for some dumb ass reason about being in college. - jman491, on 11/06/2009, -5/+6That's like saying someone who has a cut on a major artery will be fine because the bleeding slowed down a bit...
- buckrogers1965, on 11/06/2009, -0/+1Yeah, why did Bush ever start the stimulus?
- RobertL, on 11/06/2009, -5/+6recessions arn't over until jobs are being created. A slight lowering of the number of new "unemployment compensation requests" is not what we are looking for.
- gcnaddict, on 11/06/2009, -0/+1Is that where Jobs grew up as well?
- buckrogers1965, on 11/06/2009, -0/+1GDP is meaningless if people are losing their homes and starving in the streets.
- Barackalypse, on 11/06/2009, -1/+2So we're celebrating the fact that things didn't get any worse this month with unemployment perhaps staying at 9.8% (we'll find out later today)?
- muckemuck, on 11/06/2009, -1/+2You're getting dugg down for telling the truth. Gotta love Digg.
- buckrogers1965, on 11/06/2009, -0/+1If all the businesses fire everyone and go under, then new unemployment claims would just end the following month and be zero forever.
New unemployment claims being lower is not a good sign. - bschonec, on 11/06/2009, -0/+1Digging you up.
- covertbadger, on 11/07/2009, -0/+1That isn't the point, and you know it. A recession is *defined* in terms of GDP, and so the end of a recession is *also* defined in terms of GDP. The number of people losing their homes and starving in the streets is important in other ways, but it has no direct impact on an economy's recessionary state.
- majoris, on 11/06/2009, -2/+2Nobody has any idea what's going to happen until it happens, and even once it happens it's still a tremendous challenge to measure accurately. Economics is almost pure fantasy.
- murrdpirate, on 11/06/2009, -1/+1Yeah the people who protest government spending, such as giving money to unemployed people, are actually unemployed. /s
- AgeofMastery, on 11/06/2009, -1/+1You make over $405 a week delivering pizza? That's the max benefit in NY
- meljlodge, on 11/13/2009, -0/+0But there is a different reality. There are many companies that are hiring that are actually trying to find people to work for them. Many are actually Telecommuting jobs. So, the companies close down call centers, but they hire the people to work from home.
I personally work for a company that hires people with disabilities to work from home. I get paid a good hourly pay and I love my job! They are definitely hiring and looking for about 1000 more workers. If anyone is interested you can just go to www.jlodge.com/careers to apply.
Melanie R - covertbadger, on 11/06/2009, -1/+1No, recessions are over when GDP shows non-negative growth over the latest quarter. This has already happened.
- smemily, on 11/06/2009, -3/+3Who are you attacking there? Some of us non-teabaggers lost jobs too you know.
- AmnesiacJack, on 11/06/2009, -8/+7Hard to file a jobless claim when you are out of unemployment coverage or what ever it's called. How long does it last? 6 months - 1year?
No ***** the claims are dropping people can't file any more. - diggydougie, on 11/06/2009, -5/+4But they also say this at the end of the article:
"And many expect the jobless rate could rise as high as 10.5 percent before the recovery gains enough steam to start pushing it down next summer. "
Doesn't sound like good news to me. - Thistlejack, on 11/06/2009, -2/+1First... But your point is valid.
- TrentDeux, on 11/06/2009, -7/+5Only the heavy koolaid drinkers will look on this as good news. Lets face it: stimulus = disaster
- zc456, on 11/06/2009, -4/+1Who's up for Canada?!
- Sil369, on 11/06/2009, -6/+3Yahoo!
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