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LP2K12

(885 posts)
Thu Oct 18, 2012, 09:37 AM Oct 2012

Jobless claims snap back up

NEW YORK (CNNMoney) -- First-time claims for unemployment benefits are on a roller coaster. The number snapped back up last week, after falling to a four-year low the week before.

About 388,000 people filed for first-time unemployment benefits in the week ended October 13, up 46,000 from the previous week, the Labor Department said Thursday.

http://money.cnn.com/2012/10/18/news/economy/unemployment-benefits/index.html?hpt=hp_t1

8 replies = new reply since forum marked as read
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Jobless claims snap back up (Original Post) LP2K12 Oct 2012 OP
Too much focus on weekl claims is nitpicking Welcome_hubby Oct 2012 #1
How about 5 year trend? Viking12 Oct 2012 #8
My company laid off 350 workers in October former-republican Oct 2012 #2
Some companies are trying to influence the election by lay offs? Dustlawyer Oct 2012 #3
My company.... LP2K12 Oct 2012 #4
Romney "Fire people now so that we can cook the books and hire them back after I win." DHelix Oct 2012 #5
Corporations are laying people off at the end of the fiscal year.... OldDem2012 Oct 2012 #6
It's the 4th quarter. Barack_America Oct 2012 #7
 

former-republican

(2,163 posts)
2. My company laid off 350 workers in October
Thu Oct 18, 2012, 09:47 AM
Oct 2012

sign of the times I guess, a few were very good friends of mine with families.

LP2K12

(885 posts)
4. My company....
Thu Oct 18, 2012, 09:50 AM
Oct 2012

just opened a new dispatch center. Latest crew had a hiring spree of at least 200 jobs. Adding about 100 more in a week. Tampa, FL area.

Edit: They are also paying employees for referrals. $300 referral bonus for hourly. $600 referral bonus for salary. Paid after the new hire completes 120 days on the job.

DHelix

(89 posts)
5. Romney "Fire people now so that we can cook the books and hire them back after I win."
Thu Oct 18, 2012, 09:51 AM
Oct 2012

I honestly would not put it past certain corporations to be laying people off right now strictly to help Romney. When the corporations are spending 1 billion dollars to back a candidate, and asking their employers to vote for their candidate or risk losing their jobs, is it really that much of a stretch to imagine thousands of big companies across the country providing temporary layoffs so that the final jobs report that will come out a few days before the election is skewed?

The 1% have far too much power over not just the air waves but also the key data that people are using to make informed decisions about the economy. Sensata's as good an example as any. They line their pockets under Bush. They then get to lay off the workers under Obama. They get to then say it's the President's fault while they still earn millions. They then try to use that data to get their man in office.

It's any wonder sometimes that the Democratic message gets out at all with how many puppet strings those on the Right are able to manipulate.

OldDem2012

(3,526 posts)
6. Corporations are laying people off at the end of the fiscal year....
Thu Oct 18, 2012, 09:52 AM
Oct 2012

....to increase their profit line for their annual reports. This happens every year.

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