Jobless Claims Rise 'Unexpectedly'

Title says it all.

From the Article:

Applications for unemployment benefits continued to rise in the past week, while inflation pushed higher and a key manufacturing index weakened.

The weekly jobless claims number, which is closely watched as an indicator for employment trends, unexpectedly rose 11,000 to 428,000, well ahead of estimates of 411,000.

Link: http://www.cnbc.com/id/44532025

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Anyone seeing a light at the end of the tunnel?

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EDIT: I put unexpectedly in quotes because I find it funny that just about EVERY time there is movement in jobless claims in either direction, the articles open with "blah, blah, blah unexpectedly." If they are always so wrong, why keep making predictions?

Duhn duhn duhn..

BREAKING NEWS: THIS JUST IN, OBAMA IS NOT THE MESSIAH! :o

Yeah.. not surprised at all.

He did promise change :P

Get a haircut and get a real job.

Clean your act up and don't be a slob.

Get it together like your big brother Bob.

Get a haircut and get a real job.

Clean your act up and don't be a slob.

Get it together like your big brother Bob.

TheHighWind

[QUOTE="TheHighWind"]

Get a haircut and get a real job.

Clean your act up and don't be a slob.

Get it together like your big brother Bob.

kulmiye

"Anyone seeing a light at the end of the tunnel?"

the pendulum swings both ways, our problems are political and the worse things get the more pressure is put on politicians to stop their destructive policies.

http://www.youtube.com/watch?v=_BHLguFEN3M&feature=feedua vid i think you might like knobi

"Anyone seeing a light at the end of the tunnel?"

the pendulum swings both ways, our problems are political and the worse things get the more pressure is put on politicians to stop their destructive policies.

http://www.youtube.com/watch?v=_BHLguFEN3M&feature=feedua vid i think you might like knobi

surrealnumber5

[QUOTE="kulmiye"]

[QUOTE="TheHighWind"]

Get a haircut and get a real job.

Clean your act up and don't be a slob.

Get it together like your big brother Bob.

th3warr1or

Or just join a mob.

[QUOTE="th3warr1or"]

[QUOTE="kulmiye"] Kick all doors down instead of using a knob.

Conno08

Or just join a mob.

[QUOTE="th3warr1or"]

[QUOTE="kulmiye"] Kick all doors down instead of using a knob.

Conno08

Or just join a mob.

He did promise change :P

Conno08

Indeed. When he was elected President, I had a job. Now I am unemployed. That's change for ya!

haha unexpectedly................ no it was expected lol.

He did promise change :P

Conno08

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

Ultimas_Blade

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

AndyAlfredo

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

AndyAlfredo

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

I hate when people say 'especially if it was from xyz'. Can you disprove ANYTHING from that chart?

[QUOTE="AndyAlfredo"]

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

Mafiree

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

[QUOTE="Mafiree"][QUOTE="AndyAlfredo"]

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

Ultimas_Blade

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

[QUOTE="AndyAlfredo"]

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

Ultimas_Blade

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

I hate when people say 'especially if it was from xyz'. Can you disprove ANYTHING from that chart? You can't, but it probably won't make a difference in your mind as the cognitive dissonance clouds your ability to reason.

indeed.

its like people calling game reviewers at destyructoid or joystiq uncredible.. they reviewed a game and gave an honest and as unbiased as they could assessment of the game. if it stunk it stunk when they played it. if it didnt it got praise. nothing wrong with any review u jsut mad it got a high/low score.

[QUOTE="Mafiree"][QUOTE="AndyAlfredo"]

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

Ultimas_Blade

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

[QUOTE="Ultimas_Blade"]

[QUOTE="Mafiree"] Plus Unemployment is a lagged indicator......Nibroc420

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

Are you familiar with these posters? That answers your first question. The fact that Mafiree said "Unemployment is a lagged indicator" when no data on unemployment was given.

You're just talking out the side of your neck on that Nibroc. If they had valid arguments they would have A) Showed that the data was misrepresented or B) Not made statements that weren't even based on the information shown.

[QUOTE="Ultimas_Blade"]

[QUOTE="Mafiree"] Plus Unemployment is a lagged indicator......Nibroc420

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

Are you familiar with these posters? That answers your first question. The fact that Mafiree said "Unemployment is a lagged indicator" when no data on unemployment was given.

You're just talking out the side of your neck on that Nibroc. If they had valid arguments they would have A) Showed that the data was misrepresented or B) Not made statements that weren't even based on the information shown.

[QUOTE="Nibroc420"][QUOTE="Ultimas_Blade"]

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

Ultimas_Blade

Are you familiar with these posters? That answers your first question. The fact that Mafiree said "Unemployment is a lagged indicator" when no data on unemployment was given.

You're just talking out the side of your neck on that Nibroc. If they had valid arguments they would have A) Showed that the data was misrepresented or B) Not made statements that weren't even based on the information shown.

[QUOTE="Ultimas_Blade"]

[QUOTE="Mafiree"] Plus Unemployment is a lagged indicator......Mafiree

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

That's expressly wrong because umemployment is gauged by the # of applications for unemployment benefits. Jobs created is based on employer hiring (tracked by things like the I-9 Form). Again, you're just wrong on that logic.

[QUOTE="Conno08"]

[QUOTE="th3warr1or"] Oh for god's sake, get a key fob.

Planet_Pluto

Or just join a mob.

Then eat corn on the cob

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

AndyAlfredo

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

[QUOTE="Planet_Pluto"]

[QUOTE="Conno08"]

Or just join a mob.

ScottMescudi

Then eat corn on the cob

[QUOTE="ScottMescudi"]

[QUOTE="Planet_Pluto"]Then use Twitter to start a Flash Rob.

Nibroc420

Then eat corn on the cob

Then steal some money from a fob

[QUOTE="Ultimas_Blade"]

[QUOTE="Nibroc420"] 1.)Who said they were conservative? 2.)What does it have to do with them not being able to understand your charts? Seems you're just bashing people left and right because they don't agree with you....lNibroc420

Are you familiar with these posters? That answers your first question. The fact that Mafiree said "Unemployment is a lagged indicator" when no data on unemployment was given.

You're just talking out the side of your neck on that Nibroc. If they had valid arguments they would have A) Showed that the data was misrepresented or B) Not made statements that weren't even based on the information shown.

Whatever Nibroc. I called them names? Whoop-de-do. If it was egregious I'm sure the mods would be bearing down on me (they are usually swift about it).

Anyways, they were making Ad Hominem arguments. They didn't say "Data A was untrue because of Data B", they said that "Data A was untrue because of its source". No real examination of the evidence.

Of course the two aren't completely unrelated, but when talking about the statistics that are given on a daily basis, the raw number of Jobs created does not affect the Unemployment Rate directly because the persons getting hired weren't necessarily applying for benefits or had exhausted benefits.

[QUOTE="Mafiree"][QUOTE="Ultimas_Blade"]

Unemployment? Are you conservatives even reading the chart? These are jobs created! Can't you just for amoment digest the information put in front of you?

Ultimas_Blade

That's expressly wrong because umemployment is gauged by the # of applications for unemployment benefits. Jobs created is based on employer hiring (tracked by things like the I-9 Form). Again, you're just wrong on that logic.

[QUOTE="Ultimas_Blade"]

[QUOTE="Mafiree"] And that is different how? If x amount of jobs will change the unemployment rate by y%, showing graphs of either job creation or the unemployment rate are the same thing.Mafiree

That's expressly wrong because umemployment is gauged by the # of applications for unemployment benefits. Jobs created is based on employer hiring (tracked by things like the I-9 Form). Again, you're just wrong on that logic.

Wrong. It is taken from those who are actively seeking work. That number does not include ALL unemployed individuals (and I'm not talking about the youth, disabled, elderly, etc. Talking able-bodied adults)

http://www.bls.gov/cps/cps_htgm.htm

Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.Bureau-of-Labor-Statistics

EDIT: And just to cover my bases for those who are trying to thread my posts, to receive unemployment benefits in most if not all states you must show that you are either engaged in seeking new employment or that you are currently training or studying for a certification or degree.

[QUOTE="Ultimas_Blade"]

Job creation was slow but positive until the Republicans took the House. No direct correlation you say?

AndyAlfredo

IIRC there is a quote "Correlation does not imply causation." Especially if taken from the Daily Kos.

Whoever said that was wrong. Correlation canimply causation depending on the situation, but it doesn't prove it per se. In this case I think we can be fairly confident that the stunt pulled by the GOP seriously hurt the economy.

i read the title as topless claims..:?

i read the title as topless claims..:?

VaguelyTagged

Afraid not, its just the daily blame Obama thread.

Obama has been a disaster. The american people gave the libs a shot atrunning this country only for them to run it into the ground.