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Omaha Steve

(99,059 posts)
Thu Nov 6, 2014, 10:56 AM Nov 2014

Applications for US jobless aid fall to 278,000

Source: AP-Excite

By JOSH BOAK

WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, adding to signs that the job market should continue to improve.

The Labor Department said Thursday that weekly applications fell 10,000 to a seasonally adjusted 278,000. The four-week average, a less volatile measure, declined 2,250 to 279,000, the lowest level in more than 14 years.

Applications are a proxy for layoffs and have retreated 18.5 percent in the past year. This suggests rising economic confidence among businesses, leading them to keep their workers and potentially look to hire more employees.

The decline in applications has overlapped with stronger hiring this year.

FULL story at link.



In this Monday, Oct. 6, 2014 photo, Jonathan Alsina, 25, of Miami, fills out paperwork before being interviewed during a job fair at Fontainebleau Miami Beach in Miami Beach, Fla. The Labor Department releases weekly jobless claims for the week of Oct. 27 on Thursday, Nov. 6, 2014. (AP Photo/Wilfredo Lee)

Read more: http://apnews.excite.com/article/20141106/us--unemployment_benefits-ad6006c3b1.html

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Applications for US jobless aid fall to 278,000 (Original Post) Omaha Steve Nov 2014 OP
How many didn't apply because they knew they wouldn't qualify? hobbit709 Nov 2014 #1
All good news must actually be bad news. JoePhilly Nov 2014 #2
Every silver lining has a dark cloud inside it. hobbit709 Nov 2014 #3
Except no one said everything is rosy. JoePhilly Nov 2014 #4
Shallow empiricism. candelista Nov 2014 #6
What's the trend for the last 6 years ... JoePhilly Nov 2014 #7
Look it up, Philly. candelista Nov 2014 #9
I know what it looks like. JoePhilly Nov 2014 #10
Then produce it. Show it to all of us, if you're proud of it. candelista Nov 2014 #13
No. JoePhilly Nov 2014 #15
There is simply no way to spin this as bad news taught_me_patience Nov 2014 #8
All good news must be discounted ASAP. JoePhilly Nov 2014 #11
Glad all the Dems ran away from Obama's record underpants Nov 2014 #5
Yep Dopers_Greed Nov 2014 #12
The GOP will take credit for this. DCBob Nov 2014 #14

hobbit709

(41,694 posts)
1. How many didn't apply because they knew they wouldn't qualify?
Thu Nov 6, 2014, 11:04 AM
Nov 2014

Here in TX you're screwed if you were part-time or had not worked enough in the previous 5 quarters. So why bother wasting time and gas to apply when you know you're getting nothing.

hobbit709

(41,694 posts)
3. Every silver lining has a dark cloud inside it.
Thu Nov 6, 2014, 11:59 AM
Nov 2014

When you look around at all the people barely getting by because they're getting screwed by the system being stacked against them, you tend to take these "wonderful" announcements with a grain of salt.

But then if everything is so rosy, why do we need cheerleaders to convince us?

JoePhilly

(27,787 posts)
4. Except no one said everything is rosy.
Thu Nov 6, 2014, 12:09 PM
Nov 2014

You however, took an actual statistic, based on real data .... and then decided it had to be wrong, with no supporting data of your own.

That's not taking the stat with a grain of salt ... its making shit up.

 

candelista

(1,986 posts)
13. Then produce it. Show it to all of us, if you're proud of it.
Thu Nov 6, 2014, 07:42 PM
Nov 2014

Why not share? Give us a graph. Do some work.

JoePhilly

(27,787 posts)
15. No.
Thu Nov 6, 2014, 09:19 PM
Nov 2014

But you should feel free to cure your own knowledge gaps.

I mean, if you are going to comment on the economy and jobs statistics, it helps if you know something about the data.

 

taught_me_patience

(5,477 posts)
8. There is simply no way to spin this as bad news
Thu Nov 6, 2014, 01:32 PM
Nov 2014

This is a very low number and the trend is down over the last several years. You could possibly argue that new job creation is too slow... but that is a completely unrelated to this statistic.

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