A community of 30,000 US Transcriptionist serving Medical Transcription Industry

More good news regarding unemployment

Posted: Dec 9, 2010

The Labor Department reported that first time claims for unemployment benefits dropped last week to the second-lowest level this year. Claims fell to 421,000, below the 428,000 figure that Wall Street expected.

The four-week average of claims also slid for the fifth straight week, reaching the lowest level since August 2008, before the darkest days of the financial crisis.

;

Perhaps because more jobs available.... - no thanks to Democrats.

[ In Reply To ..]
because the jobmakers felt more secure that the Democrats were not going to hike their taxes in a down economy.

But whatEVER the reason, I am happy for the people going back to work, as I am sure they are.

Also...another reason could be that people who had run out had not filed again because they did not know if benefits were going to be extended.

I guess we will see with the next round of figures. Still....I do hope it was because some people were able to go back to work.

Did the tax bill go through, for sure? - nm

[ In Reply To ..]

Perhaps Republicans can take credit retroactively - nm

[ In Reply To ..]

Or better yet, maybe both sides could STOP... - trying to take credit and make...

[ In Reply To ..]
talking points geared toward re-election and focus on getting us out of this hole. Starting with cutting costs.

Uh huh. That's why unemployment is up in my state? - Backwards Typist

[ In Reply To ..]
Our county is back up to 11%. In a full year, our state has added a whole 700 jobs since last October. That's an awfully small number of jobs for the population, and most of those jobs are in retail (think Christmas hiring).

Can't wait to see January's numbers. I'm sure it's going to be great-Not!

Of course your state is representative of the entire country. - me

[ In Reply To ..]
The smugness gets boring.

So you think 700 jobs is good in a population of - Backwards Typist

[ In Reply To ..]
over 12 million people?

I'm not trying to be smug. I'm just stating a fact.

The original post wasn't about state by state - unemployment

[ In Reply To ..]
rates. But, of course, we are all free to comment on our own state at any time. It doesn't change the overall figures.

Pa. Jobless Rate Falls for 3rd Straight Month - Forward Thinker

[ In Reply To ..]
Business Week seems to differ.

Pennsylvania's unemployment rate fell for a third straight month in October, as employers added nearly 16,000 jobs to their payrolls.

The state Department of Labor and Industry said Thursday that unemployment dropped by 0.2 percentage point last month to 8.8 percent. That's below the national rate of 9.6 percent.

it just makes me wonder... sm - sadie

[ In Reply To ..]
how much of this statistic reflects the number of folks no longer qualified to receive the benefits due to being unemployed for so long. Unfortunately, I know 3 people in my small circle of friends to whom this has happened. :(

If that's not part of the statistic, though, YAY! That's very good news!

I think any improvement is good news. - nm

[ In Reply To ..]
I hope your friends are taking advantage of the help for retraining for better jobs. Good luck to them.

kind of you to say -sm- - sadie

[ In Reply To ..]
Two of them are not... I couldn't begin to say why since I'm in the same mindset as you. However, one of my friends did - the entire time he was receiving the unemployment benefits he was back in school to complete his degree, and was hired with a school system in another county as a high school history teacher! All good things... :D

My husband also went back to school - and has a good job now

[ In Reply To ..]
It was hard and scary. He was able to get help with his tuition, but we still had our family expenses, transportation, etc. But he did it, it was difficult, but so worth it! I would like to go back to school, but when I add up the numbers it just does not work.

I need to wake up... - sadie

[ In Reply To ..]
since I obviously missed seeing the part of the statistic indicating this was "first time claims"... Excuse me while I freshen up my coffee... ;)

LOL!!! - sm

[ In Reply To ..]
"Claims fell to 421,000, below the 428,000 figure that Wall Street expected."

Fell to 420,000 from what, 421,001? They don't say what it fell FROM only what Wall Street was EXPECTING it to BE. More specultation from Wall Street - just like they did for oil and look what that did to our gas prices!!! This is nothing concrete. Just more hyperbole. Folks, that's still 400k of new people claiming benefits. THIS IS NOT ACCEPTABLE!

Our unemployment figures are more smoke and mirrors. There are so many people in my state who aren't accounted for due to a) not being eligible for unemployment and/or b) already maxed out. My county's UE rate is ridiculous at 15% and not going down. And this is for those that are accounted for. The state is at 14.2%. With the unaccounted for taken into consideration, my state sits at about 21%.

Welcome to Nevada, USA

Similar Messages:

Oct 05, 2012
. ...

Nov 06, 2015
The U.S. economy added 271,000 jobs in October, and strong hiring drove unemployment down to 5%. ...

Feb 22, 2015
The CEO of Aetna Insurance has decided, after conducting a review, to raise the pay of some 5,700 of their employees to $16.00 per hour. The CEO said that many of these employees were making $13 or $14 per hour and were unable to purchase the companies health insurance for themselves or their children forcing them onto public assistance. Half a million low-wage workers will get a raise in April, when Walmart lifts hourly wages at its stores in the United States to at least $9. The raise, an ...

Sep 28, 2011
x ...

Oct 29, 2010
The Commerce Department said Friday that the economy expanded at a 2 percent annual rate in the July-September quarter. Consumers helped boost last quarter's economic growth with 2.6 percent growth in spending. That was better than the second quarter's 2.2 percent growth rate and marked the biggest quarterly increase since a 4.1 percent gain at the end of 2006 before the recession hit. A stock-market rebound made people feel better about spending. Bargains, on everything from cars to ...

Oct 28, 2010
Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving. he Labor Department said Thursday that initial claims for jobless benefits dropped by 21,000 to a seasonally adjusted 434,000 in the week that ended Oct. 23. It was the second-lowest number for claims this year Previously, the report on health care employment showed that health care employment rose by 24,000 in September and by an average of 21,000 ...

Oct 11, 2012
Holiday hiring is up, for all of us OOW transcriptionists. http://management.fortune.cnn.com/2012/10/10/holiday-hiring-is-headed-for-a-five-year-high/?section=money_pf&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_pf+%28Personal+Finance%29 And foreclosures are down, especially in my state (California). http://money.cnn.com/2012/10/11/real_estate/foreclosures/index.html?iid=obnetwork ...

Nov 05, 2012
Gallup: R 49, O 48 Rassmussen: R 49, O 48 Romney internal polls put him up in OH MSNBC accidentally shows Romney winning (love that one) Noonan: It's Romney Barnes: Why Romney will win Dems fear they may lose seats in House. Bad Omen for Obama - Redskins lose at home (not the superstitious type here, but still good news) Wisconsin State Journal endorses Romney (they endorsed obama last time). Candy Crowley calls him President Romney PA: R 47, O 47 MI ...

Jan 26, 2013
Mike Huckabee I told you recently about a poll that found that Congress’ approval rating was lower than that of cockroaches. Well, maybe this will help Congress pull slightly ahead of the bugs. As part of their deal to avoid the fiscal cliff, Congress agreed to freeze their own salaries. But the latest Republican bill to suspend the debt ceiling until May 18th went even further. It would put lawmakers’ paychecks on hold starting on April 15th – tax day. Their pay would g ...

May 08, 2013
Right wingnuts going the way of the dinosaur perhaps? It's high time . . . But the larger issue is the declining demographics of the right-wing talk-radio racket. “Look at the millennial generation,” says Colliano. “There’s 80 million of them coming of age. They don’t see color. They don’t see gender. And they’re civic minded: they don’t like bloviating. They don’t like yelling and screaming. So you tell me: how ...

Apr 19, 2017
Jason Chaffetz will be "returning to the private sector" in 2018. Jon Ossoff handily made it into the runoff against the woman who was fired from the Susan Komen Foundation. Democrat James Thompson lost by about 5 points in Kansas, one of the reddest states in the country (home of the Koch Bros). Come on millenials, time to paint the red states purple! It is long past time for the senile old white men who "run" this country to pass the torch to younger blood. So many things to ...

Jul 02, 2015
the underemployed number going down. the people who stopped looking going down. ...

Sep 16, 2011
I wonder is MSM will cover these stories? * Premiums: The nearly 12 million senior citizens enrolled in private Medicare health plans will see their monthly premiums drop by an average of 4 percent while benefits remain stable next year, the Obama administration officials announced Thursday. In addition, they said, premiums fell by an average of 7 percent this year, much higher than the 1 percent the government projected a year ago. * Fraud: Under the newly reformed health care laws ch ...

Feb 11, 2014
1827 days down, 1073 days to go until he is no longer Liar in Chief, Dictator, King, Destroyer of Democracy or whatever else he may be called. ...

Dec 02, 2010
NEW YORK (Reuters) - Pending home sales unexpectedly surged in October, hinting the economic recovery has legs. Also, the four-week moving average for jobless claims fell to a fresh two-year low, though new claims were higher for the week. "Fear is evaporating ever so slightly. The economy is not falling off a cliff, giving investors a glimmer of hope," said Kim Caughey Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh. ...

Oct 26, 2010
Health care employment rose by 24,000 in September. The increase was concentrated in ambulatory health care services (+17,000). Health care employment has risen by an average of 21,000 per month this year. http://www.bls.gov/news.release/pdf/empsit.pdf ...

Oct 07, 2012
The Congressional Budget Office has released its estimate for the fiscal year 2012, just ended on September 30 and the news is good. The federal deficit was just under $1.1 trillion, compared to just under $1.3 trillion at the end of fiscal year 2011, a reduction of $207 billion. As a percentage of the GDP, the 2012 deficit dropped to 7.0 per cent, down from 8.7 percent in 2011 and 9.0 percent in 2010. The actual deficit numbers will be released later this month by the Treasury DepartmentThe Sep ...

May 29, 2013
. ...

Aug 21, 2014
nm ...

Jul 16, 2015
decided to cancel 19kac. I just wonder what took so long. ...

Jul 31, 2015
A newly developed vaccine against the deadly Ebola virus is "highly effective" and could help prevent its spread in the current and future outbreaks, the World Health Organization said Friday. http://edition.cnn.com/2015/07/31/health/guinea-ebola-vaccine/index.html ...

Dec 14, 2010
x ...

Jul 10, 2010
Total nonfarm payroll employment declined by 125,000 in June, and theunemployment rate edged down to 9.5 percent, the U.S. Bureau of LaborStatistics reported today. The decline in payroll employment reflected a decrease (-225,000) in the number of temporary employees working on Census 2010. Private-sector payroll employment edged up by 83,000.In June, the number of long-term unemployed (those jobless for 27weeks and over) was unchanged at 6.8 million. These individuals madeup 45.5 percent of u ...

Jun 03, 2012
Health care employment continued to increase in May (+33,000). Within the industry,employment in ambulatory health care services, which includes offices of physiciansand outpatient care centers, rose by 23,000 over the month. Over the year, health careemployment has risen by 340,000. The Negative Nellies will not like this, but too bad. More health care employment, more jobs for us, more people getting needed health care. ...

Nov 07, 2013
The question was, would angry Democratic voters turn out for a midterm election? The GOP was betting it all that they wouldn't. Well, angry black voters did. Approximately 10% of the population, they were 20% of the voters who said Get Lost to Governor McDonnell and his would-be successor Ken Cuccinelli. Even more specifically, angry black women voters turned out. 91% of them voted for McAuliffe/against McDonnell. I'm sorry to say white women actually cut strongly for McDonnell, ...

Dec 08, 2016
Like the MSM is not really reporting news, they are in the propaganda business. ...

Nov 28, 2011
by digby The good news is that Alabama is equal opportunity xenophobic. The bad news is that they aren't really supposed to be: A German manager with Mercedes-Benz is free after being arrested for not having a driver's license with him under Alabama's new law targeting illegal immigrants, authorities said Friday, in an otherwise routine case that drew the attention of Gov. Robert Bentley. Tuscaloosa Police Chief Steven Anderson told The Associated Press an officer sto ...

Jul 11, 2010
But I'm a little freaked out, and the first available appointment with the glaucoma specialist isn't until August 31, so I have some time to continue freaking out.I went to the optometrist for what I thought was a routine visit and refraction update. He was alarmed at how much worse my right eye had gotten in 2 years, and suspected a cataract.A cataract? At my age? I'm only 54! But yes... I am developing a cataract in my right eye. Not only that, my pressure is up, and they would ...

Aug 16, 2012
This is definitely not going to make the Democrats happy. ...

Dec 20, 2013
"Economists at Jefferies & Co. expect the economy to grow 3.3% next year. That would be the biggest level of annual growth in ten years. They also expect the job market to finally replace all the private sector jobs lost in the recession." Even though this spike isn't expected to be a constant, things continue to trend in the right direction. Good news for all Americans. :D ...