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Jobless Claims Up Sharply as Bad Weather Forces Layoffs

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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:05 PM
Original message
Jobless Claims Up Sharply as Bad Weather Forces Layoffs
Edited on Tue Feb-08-11 10:07 PM by Peacetrain
http://www.dailyfinance.com/story/careers/jobless-claims/19817715/

The number of people applying for unemployment benefits rose sharply last week, but the figures were largely distorted by rare snowstorms that swept through the Southeast.

Applications surged last week by a seasonally adjusted 51,000 to 454,000, the highest level since late October, the Labor Department said Thursday.

A government analyst said that a major reason for the spike was the harsh weather in Alabama, Georgia, North Carolina and South Carolina. That forced many companies to shut down temporarily and also prevented many people from applying for benefits in the previous week.

See full article from DailyFinance: http://srph.it/fhhQXC


EDIT TO ADD... this is also effecting new job openings.
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:11 PM
Response to Original message
1. K&R
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:12 PM
Response to Original message
2. Want something more recent? Like
last week's claims:

Instant View: Jobless claims tumble 42,000 last week

Another one is due out any day now.

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Pale Blue Dot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:40 PM
Response to Reply #2
4. On Thursday, actually.
I expect that you will post the numbers, whatever they are. Right? RIGHT?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:42 PM
Response to Reply #4
5. "I expect that you will post the numbers" Maybe
even the same day they're up and not two weeks later.

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Proud Liberal Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-11 10:30 PM
Response to Original message
3. A week of bad weather forces layoffs?
:wtf:
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Beacool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-09-11 12:51 AM
Response to Original message
6. This is becoming a mantra.
It's the cold, it's the heat, it's anything other than what it is: there are 4.7 people for every available job.

;(
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