Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Jobless claims rise (332000 - more than expected)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
papau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:07 AM
Original message
Jobless claims rise (332000 - more than expected)
Jobless claims rise on summer slowdown
Report says 332,000 people filed for unemployment benefits last week, more than expected.
July 13 2006: 8:39 AM EDT


WASHINGTON (Reuters) -- New applications for U.S. unemployment benefits jumped by 19,000 last week on the back of the traditional summer shutdown at automobile plants, according to government data released on Thursday.

Initial claims for state jobless insurance benefits rose to 332,000 in the week ended July 8 from 313,000 the prior week, the Labor Department said. Analysts were expecting new claims to rise to 318,000.

http://money.cnn.com/2006/07/13/news/economy/jobless.reut/index.htm
Printer Friendly | Permalink |  | Top
saltpoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:09 AM
Response to Original message
1. Those tax cuts sure did the trick, didn't they?
Printer Friendly | Permalink |  | Top
 
BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:11 AM
Response to Reply #1
2. I'm trying to rationalize
If tax cuts spur the economy, that would mean an increase in auto sales thus precluding any need to shut down auto factories. No doubt Clinton has something to do with the latest unemployment claims because we all no that bush and his adminstration aren't responsible for anything.
Printer Friendly | Permalink |  | Top
 
saltpoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:16 AM
Response to Reply #2
4. That's right. The Bush administration is blameless in all things.
And if they didn't fight the terrorists over there, we'd be fighting them right here in Omaha and Bismarck.

I think the secret to Bush's success in both domestic and foreign policy is that he takes the g's off of his verbs.

A President Gore or a President Kerry wouldn't do that. They're liberals. They'd leave the g's on their verbs.

Printer Friendly | Permalink |  | Top
 
acmejack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:41 AM
Response to Reply #4
8. You've identified the terrorist consonants!
Edited on Thu Jul-13-06 09:22 AM by acmejack
There will be a Medal of Freedom in this for you, Old Crusoe! Think of it, you'll be recognized by the pResident himself in an elaborate ceremony. Maybe Cheney will even snarl at you and hump your leg, if they uncrate him for the event, that is.
Printer Friendly | Permalink |  | Top
 
saltpoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:06 AM
Response to Reply #8
11. Hey acmejack. Yep. Just call me 'Slamdunk.'
Already I'm thinking where to display the Medal of Freedom. Possibly next to the Ten Commandments statue in the living room...
Printer Friendly | Permalink |  | Top
 
wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:31 AM
Response to Reply #1
7. We've turned the corner!
n/t
Printer Friendly | Permalink |  | Top
 
saltpoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:03 AM
Response to Reply #7
10. Yep. Just around the bend.
Printer Friendly | Permalink |  | Top
 
twiterpatted Donating Member (216 posts) Send PM | Profile | Ignore Thu Jul-13-06 08:14 AM
Response to Original message
3. Just think how many more jobs would have been lost without
the tax cut. HUH..well..just imagine that. It is precisely because of the tax cuts that we have not had greater job less. :sarcasm:

thoughts from a 23 percenter.
Printer Friendly | Permalink |  | Top
 
rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:16 AM
Original message
This is great news for Wall Street...
Now the Fed can stop raising interest rates. Let's party!
Printer Friendly | Permalink |  | Top
 
Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:28 AM
Response to Original message
15. Uh, No. Fed Will Still Raise Rates
Gas prices are rising and pushing inflation higher.
Printer Friendly | Permalink |  | Top
 
demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:16 AM
Response to Original message
5. Instead of unemployement benefits
how about giving folks a one-way airline ticket to India? That way they could vote with their feet and follow the jobs.
Printer Friendly | Permalink |  | Top
 
Demit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:21 AM
Response to Original message
6. Hooboy! Time to increase bonuses for management!
Printer Friendly | Permalink |  | Top
 
mbperrin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 08:43 AM
Response to Original message
9. More than expected by whom, I wonder?
I know a guy in the repo, whoops, mean recovery, business. Here in the middle of the West Texas oil patch, he says he has more business than he can handle - has hired two more guys and bought two more trucks...he used to be a welder....
Printer Friendly | Permalink |  | Top
 
Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:16 AM
Response to Reply #9
14. Yes, the * economy is great for some
repo men, "debt consolidation" folks, bankruptcy attorneys, divorce lawyers, and the makers of Prozac.
Printer Friendly | Permalink |  | Top
 
warrens Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:07 AM
Response to Original message
12. Tyson is axing about 1,000, mostly management, tomorrow
Must be a nerve-wracking day in Arkansas and South Dakota, where most of the jobs will disappear.
Printer Friendly | Permalink |  | Top
 
Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:29 AM
Response to Reply #12
16. Ark. and South Dakota Voted for Who in 2000 and 2004?
They have no one but themselves to blame for their own demise.
Printer Friendly | Permalink |  | Top
 
tabasco Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-13-06 09:16 AM
Response to Original message
13. LIES LIES LIES from liberal CNN !!
Fox News said the economy is BOOMING. CNN is just lie-beral propaganda.

Just ask any republican (even one who just lost their job) - they'll tell you.
Printer Friendly | Permalink |  | Top
 
Torgo Johnson Donating Member (797 posts) Send PM | Profile | Ignore Thu Jul-13-06 03:59 PM
Response to Original message
17. I was one of the 332,000 who filed
The May Credit Service Center, where I worked at for almost seven years,closed it's doors this month after May Company merged with Federated. Of course ,being from Lorain County,Ohio, I should have expected this. It seems like factories have been shutting down and large employers have been leaving her since the 1990's In it's place, are a bunch of low-paying restaurants and retail stores. They only way a lot of people who live here can afford to spend money at these places is by credit. That is eventually going to bite them in the ass and Lorain County will be in even worse shape than it is now.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat May 04th 2024, 09:30 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC