U.S. jobless claims tumble to three-month low

Comments (5)
gcf1965 wrote:

If you are at a job fair and need “free computer use”, I think you have much bigger problems than simply being unemployed.

Either way, while this is obviously better than increasing numbers, this is nothing more than another ripple in an otherwise bad and unimproving job market. Not exactly something to be celebrating at this point.

Mar 06, 2014 9:24am EST  --  Report as abuse
Kiljoy616 wrote:

Just because people are not receiving benefits does not mean they are employed.

Mar 06, 2014 12:47pm EST  --  Report as abuse
DJLDJL wrote:

More people are losing unemployment every week. That way your
numbers are wrong!!!

Mar 06, 2014 4:51pm EST  --  Report as abuse
sharonsj wrote:

Are these numbers before or after JP Morgan fired 8000 and Staples and Radio Shack will close hundreds of stores?

In cae you’re wondering, nobody believes the unemployment numbers.

Mar 06, 2014 5:32pm EST  --  Report as abuse

It could also mean that companies are at the point where they cannot afford to layoff more people without going out of business. In other words, they’ve run out of people to lay off, meaning unemployment claims would drop accordingly. I’d be much more interested in seeing how many companies are hiring, and at what levels of pay.

This goes right along with profitless retailers from a week or so ago, and worst profits since the crash. Imputing growth by how many less people are filing could mean things are really improving or it could mean things have plateaued at a new low. Those buggers sure are creative, and are skilled at making silk purses out of sows ears.

Mar 08, 2014 3:46am EST  --  Report as abuse
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