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~Jobless Claims - Tepid Market~

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~Jobless Claims - Tepid Market~

Post by Guest on Tue May 29, 2012 4:27 pm

This writer does seem to capture what is really happening:

http://economywatch.msnbc.msn.com/_news/2012/05/24/11858489-jobless-claims-steady-as-labor-market-grows-tepidly

Guest
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Re: ~Jobless Claims - Tepid Market~

Post by Guest on Tue May 29, 2012 4:28 pm

I particularly like this:

While more states are losing eligibility for extended benefits for the long-term unemployed, that is not yet being fully captured in the claims data as the figures are reported with a time lag .

Economists expect that as more people fall off the unemployment benefit rolls, that will artificially push down the jobless rate. Out-of-work people not receiving benefits are not obliged to be actively looking for work, a key criteria to be counted as unemployed.

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Re: ~Jobless Claims - Tepid Market~

Post by Guest on Tue May 29, 2012 4:30 pm

This is why we need to scream and shout. We've know this for 4 years, now everyone is starting to see what is happening. They just won't act on it. Let's make them.

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Re: ~Jobless Claims - Tepid Market~

Post by Sponsored content Today at 7:28 pm


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