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Title: Unemployment Applications Hit 8-Month High
Source:
FNC via AP
URL Source: http://www.foxnews.com/politics/201 ... applications-hit-8-month-high/
Published: May 5, 2011
Author: AP
Post Date: 2011-05-05 10:58:42 by Badeye
Keywords: None
Views: 10126
Comments: 18
Unemployment Applications Hit 8-Month High Published May 05, 2011 | Associated Press WASHINGTON (AP) -- The number of people applying for unemployment benefits surged last week to the highest level in eight months, a troubling sign a day ahead of the government's report on April employment. The Labor Department said Thursday that applications rose 43,000 to 474,000 in the week ended April 30, the third increase in four weeks. The four-week average, a less volatile measure, rose for the fourth straight week to 431,250. Applications near 375,000 are typically consistent with sustainable job growth. Weekly applications peaked during the recession at 659,000. Rising unemployment applications and other weak economic data this week have prompted some analysts to worry that higher fuel prices may be causing employers to slow their pace of hiring. The government is scheduled to release its April jobs report on Friday. Economists are projecting that the economy likely added 185,000 jobs in April and the unemployment rate may remain 8.8 percent, but some are now saying the numbers could be lower. A Labor department spokesman blamed much of the increase in unemployment applications on an unexpected spike from New York. More school systems than usual closed for spring break last week. That resulted in 25,000 layoffs. The department didn't anticipate the closures when making seasonal adjustments, the spokesman said. Other factors also contributed to the increase, the spokesman said. Oregon launched its own extended unemployment benefit program, which caused an increase in overall applications in the state for unemployment benefits. And auto-related layoffs rose, as some companies have shut down or slowed production due to parts shortages stemming from the earthquake in Japan. Still, applications have risen sharply in recent weeks, raising concerns that high gas and food prices are cutting into consumer spending and slowing the economy. Businesses are also facing higher costs for raw materials, which reduce profit margins. They may be cutting back on hiring as a cost-saving measure. Other recent data have also pointed to a weaker job market. A private trade group said Wednesday that a measure of employment growth in the service sector, which employs 90 percent of the work force, slowed for the second straight month. The report, by the Institute for Supply Management, still showed that employment rose, but at the slowest pace in 7 months.
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#1. To: Badeye (#0)
so the GOP budget cuts aren't working? Wasn't extending the Bush tax cuts supposed to help the economy? Ah who cares - the real focus needs to be on defunding planned parenthood.
"Thats because your basically and idiot." rotflmao. Yo, Dumbass. That schtick isn't working with anyone today. See Owe-bama's poll numbers on the economy, and on 'right track, wrong track'. We aren't even better off today than we were six months ago, dumbass.
bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
Why aren't the Republican-backed spending cuts working?
"Thats because your basically and idiot." bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
Quinnipiac Poll - Released May 5, 2011 http://www.quinnipiac.edu/x1295.xml?ReleaseID=1596 33. Who do you trust to do a better job handling the economy - President Obama or the Republicans in Congress? Obama: 46% Republicans in Congress: 37%
"Thats because your basically and idiot." Other factors also contributed to the increase, the spokesman said. Oregon launched its own extended unemployment benefit program, which caused an increase in overall applications in the state for unemployment benefits. And auto-related layoffs rose, as some companies have shut down or slowed production due to parts shortages stemming from the earthquake in Japan. do you actually read what you post?
"Thats because your basically and idiot." bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
How much additional time should we give House Republicans for their efforts to defund planned parenthood to turn around the economy?
"Thats because your basically and idiot." bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
Have you forgotten that i agreed with you last year when you said things would get worse this year?
"Thats because your basically and idiot." Have you forgotten last year was the 'summer of recovery' dumbass?
bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
And we both agreed that things would get worse this year after the GOP's election gains.
"Thats because your basically and idiot." Making things up, attributing them to me, used to be the realm of the dwarf alone, dumbass. My how far you've fallen. Guess watching Owe-bama fail really has fucked you up mentally. Damn shame.
bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
How would you even know? I'm on filter remember? Love, America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "Thats because your basically and idiot." Nothing in that link supports what you made up and attributed to me, GOey. Dumbass.
bin Laden's last Facebook Post: 'Brb! Someone's at the door!'
Boofer...go is kicking your ass...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." PS: It's spelled "gooey", Boof. Chuckles...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..."
Badeye posted on 2011-04-29 10:30:22 ET
#2. To: go65 (#1)
Wasn't extending the Bush tax cuts
#3. To: Badeye (#2)
We aren't even better off today than we were six months ago, dumbass.
Badeye posted on 2011-04-29 10:30:22 ET
#4. To: go65 (#3)
We aren't even better off today than we were six months ago, dumbass.
#5. To: Badeye (#2)
Badeye posted on 2011-04-29 10:30:22 ET
#6. To: Badeye (#0)
A Labor department spokesman blamed much of the increase in unemployment applications on an unexpected spike from New York. More school systems than usual closed for spring break last week. That resulted in 25,000 layoffs. The department didn't anticipate the closures when making seasonal adjustments, the spokesman said.
Badeye posted on 2011-04-29 10:30:22 ET
#7. To: go65 (#6)
We aren't even better off today than we were six months ago, dumbass.
#8. To: Badeye (#7)
We aren't even better off today than we were six months ago, dumbass.
Badeye posted on 2011-04-29 10:30:22 ET
#9. To: go65 (#8)
We aren't even better off today than we were six months ago, dumbass.
#10. To: Badeye (#9)
We aren't even better off today than we were six months ago, dumbass.
Badeye posted on 2011-04-29 10:30:22 ET
#11. To: go65 (#10)
#12. To: Badeye (#11)
Have you forgotten last year was the 'summer of recovery' dumbass?
Badeye posted on 2011-04-29 10:30:22 ET
#13. To: go65 (#12)
Have you forgotten last year was the 'summer of recovery' dumbass?
#14. To: Badeye (#13)
(Edited)
Making things up, attributing them to me, used to be the realm of the dwarf alone, dumbass.
The Dwarf
--GW Bush
#15. To: Badeye (#13)
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=14807&Disp=46
Note none of this factors in the economy, which is going to get worse next year, there is no stopping it, that die was cast.
Badeye posted on 2011-04-29 10:30:22 ET
#16. To: go65 (#15)
#17. To: Badeye (#16)
--GW Bush
#18. To: Badeye (#16)
--GW Bush
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