King Barry violates Constitution?
07-09-2009, 05:37 PM
#31
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07-09-2009, 05:40 PM
#32
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That is, of course, a rhetorical question, because that's exactly how it works.
Last edited by saqwarrior; 07-09-2009 at 05:48 PM.
07-09-2009, 05:47 PM
#33
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You are really thick...
Scenario:
On Mon. 100 people are standing in a room.
On Fri. 20 people joined them in the room
The next Mon There are 120 people in a room
The next Fri only 10 people joined them
How many people are in the room? Are there more people the second Fri than the first Mon?
Scenario:
On Mon. 100 people are standing in a room.
On Fri. 20 people joined them in the room
The next Mon There are 120 people in a room
The next Fri only 10 people joined them
How many people are in the room? Are there more people the second Fri than the first Mon?
I'm not sure how else to put this, so I'll just ask you a simple question: is 565,000 a smaller number than 617,000?
Or, using your example:
On Friday, 617,000 people are standing in a room.
The next Friday, 565,000 people are standing in the room.
How many people are in the room? Are there more people the second Friday than the first?
The point is that newly unemployed people went down, that's all.
Now does that mean something of any real significance? That's a different topic, because after all it is only a change from one week to the next, which is not indicative of a larger trend.
07-10-2009, 08:39 AM
#34
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I get to play editor
NEW YORK (CNNMoney.com) -- The number of Americans filing initial unemployment claims fell sharply last week, while those filing ongoing claims rose to another all-time high, according to government data released Thursday.
Initial claims typically spike in July as automakers idle certain manufacturing plants, and the Labor Department adjusts its data for such seasonal factors.
However, many plant closures occurred early this year, said Mark Vitner, an economist at Wacovia Economics Group.
On a non-seasonally adjusted basis, initial claims were 577,506.
Analysts said last week's drop was distorted by a change in the pattern of seasonal layoffs in the automotive industry.
"The improvement in first week of July was exaggerated by the timing of plant closures," Vitner said. "This is something we're going to be dealing with throughout the month."
There were 565,000 initial jobless claims filed in the week ended July 4, down 52,000 from a revised 617,000 the previous week, the Labor Department said.
It was the lowest number since January and was below the consensus estimate of 603,000 from economists surveyed by Briefing.com.
Meanwhile, the number of people requesting continued jobless benefits rose to a record high, indicating that the labor market remains weak.
The government said continuing claims rose to 6,883,000 in the week ended June 27, the most recent data available.
That's an increase of 159,000 from the previous week's revised total of 6,724,000 and was the highest reading since the Labor Department began keeping records in 1967.
The 4-week moving average of continuing claims rose 12,000 to 6,769,000.
The ongoing rise in continuing claims suggests that more workers are struggling to re-enter the work force.
"While layoffs have topped out, hiring has not picked up," Vitner said. "The increase in unemployment rate going forward will be more a result of lack of hiring rather than layoffs," he said.
Initial claims typically spike in July as automakers idle certain manufacturing plants, and the Labor Department adjusts its data for such seasonal factors.
However, many plant closures occurred early this year, said Mark Vitner, an economist at Wacovia Economics Group.
On a non-seasonally adjusted basis, initial claims were 577,506.
Analysts said last week's drop was distorted by a change in the pattern of seasonal layoffs in the automotive industry.
"The improvement in first week of July was exaggerated by the timing of plant closures," Vitner said. "This is something we're going to be dealing with throughout the month."
There were 565,000 initial jobless claims filed in the week ended July 4, down 52,000 from a revised 617,000 the previous week, the Labor Department said.
It was the lowest number since January and was below the consensus estimate of 603,000 from economists surveyed by Briefing.com.
Meanwhile, the number of people requesting continued jobless benefits rose to a record high, indicating that the labor market remains weak.
The government said continuing claims rose to 6,883,000 in the week ended June 27, the most recent data available.
That's an increase of 159,000 from the previous week's revised total of 6,724,000 and was the highest reading since the Labor Department began keeping records in 1967.
The 4-week moving average of continuing claims rose 12,000 to 6,769,000.
The ongoing rise in continuing claims suggests that more workers are struggling to re-enter the work force.
"While layoffs have topped out, hiring has not picked up," Vitner said. "The increase in unemployment rate going forward will be more a result of lack of hiring rather than layoffs," he said.
07-10-2009, 10:30 AM
#35
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http://www.nypost.com/seven/07102009...ief_178552.htm
I guess Barry's off the hook but Sarkozy... Get that man a tissue.
See video at bottom of page.
I guess Barry's off the hook but Sarkozy... Get that man a tissue.
See video at bottom of page.
07-10-2009, 11:15 AM
#36
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Wouldn't it stand to reason that more unemployed people means more unemployment claims, especially when the statisticians and census agencies in part get their unemployment figures from the number of claims filed?
That is, of course, a rhetorical question, because that's exactly how it works.
That is, of course, a rhetorical question, because that's exactly how it works.
So, let's say there were 100 new unemployment claims last month.
This month there are 80 new unemployment claims.
The reports say that "there are fewer new unemployment claims" even though the total number of unemployed people has increased. There are now 180 unemployed people.
So the number of new unemployment claims are going down...
But the total number if unemployed are still going up.
07-10-2009, 01:29 PM
#38
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R-Dub, you are now under arrest for being a terrorist. you can no longer get a job anywhere and will have to give up all your rights and live in this "camp"
no who really cares? i guess im happy to be getting orders to Japan then.
no who really cares? i guess im happy to be getting orders to Japan then.
07-10-2009, 01:38 PM
#39
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http://www.nypost.com/seven/07102009...ief_178552.htm
I guess Barry's off the hook but Sarkozy... Get that man a tissue.
See video at bottom of page.
I guess Barry's off the hook but Sarkozy... Get that man a tissue.
See video at bottom of page.
I'm sorry I forgot to hit the quote button - this is what I was referring to; not the main article.