Wednesday, November 21, 2012

RE: USA Africa Dialogue Series - Jobless Claims Over 400k For Second Week

Bangura

 

Remember when Reagan changed the definition of unemployment ?  Before Reagan if you  were in the military or worked half-time you were not counted as employed. Under Reagan the  definition was changed. If you worked half time or more or were in the military you were counted as fully employed.

Tell me about hiding jobless numbers. He also changed the rules so that if you were out of work for a longer time continuously you were no longer counted in the labor pool, making unemployment statistics more palatable to handle. That law still stands!!

 

Kwaku

 

Chicago

 

From: usaafricadialogue@googlegroups.com [mailto:usaafricadialogue@googlegroups.com] On Behalf Of Abdul Karim Bangura
Sent: Wednesday, November 21, 2012 10:10 AM
To: USAAfricaDialogue@googlegroups.com
Cc: leonenet
Subject: USA Africa Dialogue Series - Jobless Claims Over 400k For Second Week

 

And they denied that they cooked the jobless reports the last two months of the eelction!

Jobless Claims Over 400k For Second Week

 

21 Nov 2012, 6:22 AM PDT 41 post a comment

According to the Bureau of Labor Statistic, for the second week in a row, over 400,000 new jobless claims were filed across the country. Last week the number was 451k, this week it's 410k, and as we saw last week, most of the blame is falling on Hurricane Sandy.

Last week the Hurricane Sandy excuse made little sense as most of the new jobless claims came from Ohio and Pennsylvania due to layoffs in the manufacturing, construction, and auto industries. Had these layoffs been due to the hurricane, why weren't there more layoffs in those same states and industries this week?

Furthermore, these states weren't hit anywhere near as hard as the two states that saw the biggest increase in jobless claims this week: New Jersey and New York.

Coming in third was California, which saw an increase of nearly 25k new claims due to layoffs in the service industry due to Hurricane Jerry "Moonbeam" Brown.

Overall, forty states saw an increase in claims.

 Follow  John Nolte on Twitter @NolteNC

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