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Thread: Unemployment claims show a big drop

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    Unemployment claims show a big drop

    Finally a little good news, admittedly nothing to break out the champagne about...but its better than it being WORSE than its been.



    The number of people seeking unemployment benefits fell sharply last week, an encouraging sign that layoffs are easing.
    The Labor Department says weekly applications dropped 37,000 to a seasonally adjusted 391,000, lowest since April 2. It's the first time applications have fallen below 400,000 since Aug. 6.


    Unemployment claims show a big drop

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    Re: Unemployment claims show a big drop

    People are giving up. I've been looking for a job for quite some time now. Can't seem to track one down.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Unemployment claims show a big drop

    Quote Originally Posted by Ikari View Post
    People are giving up. I've been looking for a job for quite some time now. Can't seem to track one down.
    I'm sorry man. Keep trying, don't give up. I know it's easier said than done, but I know people who just about gave up who found something. It may not be a dream job, but it pays the bills.

    I pray that everyone on this forum who is unemployed or underemployed find a good paying job soon.

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    Re: Unemployment claims show a big drop

    Could unemployment claims have dropped because everyone has ran out of claims? Or are these just for new claims?
    Last edited by Khayembii Communique; 09-29-11 at 02:02 PM.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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    Re: Unemployment claims show a big drop

    Quote Originally Posted by Khayembii Communique View Post
    Could unemployment claims have dropped because everyone has ran out of claims? Or are these just for new claims?
    Its about new claims...the giving up thing doesnt apply

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    Re: Unemployment claims show a big drop

    Quote Originally Posted by Ikari View Post
    People are giving up. I've been looking for a job for quite some time now. Can't seem to track one down.
    What? Businesses have no use for a libertarian physicist??

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    Re: Unemployment claims show a big drop

    Try counting backwards to when Obama lengthened the time period for claims and you will see those people will slowly be dropping off. Now they will have to look for a job in ernest.

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    Re: Unemployment claims show a big drop

    Quote Originally Posted by Ikari View Post
    People are giving up. I've been looking for a job for quite some time now. Can't seem to track one down.
    hope that you find something good soon.

    it stinks. i was out of work nine months in '09 - '10, and finding a job was very difficult.

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    Re: Unemployment claims show a big drop

    Quote Originally Posted by dontworrybehappy View Post
    I'm sorry man. Keep trying, don't give up. I know it's easier said than done, but I know people who just about gave up who found something. It may not be a dream job, but it pays the bills.

    I pray that everyone on this forum who is unemployed or underemployed find a good paying job soon.
    Yeah, my problem however is that I have a PhD in physics. So I'm very restricted in where I can work because there isn't just a "something" that I'm not so overqualified for that someone would give me a shot (mostly because once the economy improves, they'd figure I'd jet out of there for the first R&D job I could get...which wouldn't be far from the truth). So it's academia (where there are no teaching jobs left) or industry (where the high tech sector has been demolished).

    Go to school, get an education and a degree so you can get a better job. I kept hearing that. Turns out not to be so true. If the government forgets the people and works in it's own and corporate interests for too long, it doesn't matter what your education level is because the economy will become so f'd up that it doesn't matter.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Unemployment claims show a big drop

    Unemployment wont come down as long as demand is not there and demand wont be there because people are insecure about the future because one side of the political spectrum (depends on which country) and so called "experts" continue to talk doom and gloom and often because there is profit in negative outcomes.
    PeteEU

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