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11:47 PM

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Subject BREAKING!!! Unemployment Claims At 352,000. Fewest Claims Since 2008.

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[quote:Anonymous Coward 8711233:MV8xNzU5MDk4XzI5MTcyOTU5X0VCMkY0QTFE]
[quote:Anonymous Coward 1382145:MV8xNzU5MDk4XzI5MTcyODY5X0MxQzA3M0U5]
[quote:IS-BE:MV8xNzU5MDk4X0EyMjFFOENG]
The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening.

Applications fell 50,000, the biggest drop in the seasonally adjusted figure in more than six years, the Labor Department said Thursday. The four-week average, which smooths out fluctuations, dropped to 379,000. That's the second-lowest such figure in more than three years.

For all of 2011, the economy added 1.6 million jobs. That was up sharply from 940,000 in 2010. Economists say they expect roughly 1.9 million more jobs to be added this year, according to a survey by The Associated Press.

Snip - Less than 50%.

Read the full article here:

http://news.yahoo.com/unemployment-claims-352-000-fewest-since-2008-133912480.html;_ylt=AgohLUI_lqGQI0fH7DAFJEamWot4;_ylu=X3oDMTQzMnF1NDltBG1pdANBcnRpY2xlIFRvcFN0b3JpZXMEcGtnA2U5ZGE1OTllLTQ1YzEtMzU0ZC1hMWI1LTYzNDkzMDQ2NTQ3YgRwb3MDNARzZWMDTWVkaWFTZWN0aW9uTGlzdAR2ZXIDNjBhYmYwNjAtNDJhYS0xMWUxLWE3ZmItMWIxODU0NTA0ZTli;_ylg=X3oDMTNodWtsZWNxBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDOGQ4YjQ4N2ItNWM4My0zZjQ1LTg3OTctNGU3ODVkOWY1ZThmBHBzdGNhdANwb2xpdGljc3xkZXN0aW5hdGlvbjIwMTIEcHQDc3RvcnlwYWdlBHRlc3QD;_ylv=3
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Until next week, when it is revised back up over 400,000, (just like they did last week)
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if 400,000 new people are filing jobless claims per month, that is a loss of 4.8 million jobs a year...if they add back 1.9 million jobs this year as expected, then how is that positive...we still have a net loss of almost a million jobs?
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Original Message The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening.

Applications fell 50,000, the biggest drop in the seasonally adjusted figure in more than six years, the Labor Department said Thursday. The four-week average, which smooths out fluctuations, dropped to 379,000. That's the second-lowest such figure in more than three years.

For all of 2011, the economy added 1.6 million jobs. That was up sharply from 940,000 in 2010. Economists say they expect roughly 1.9 million more jobs to be added this year, according to a survey by The Associated Press.

Snip - Less than 50%.

Read the full article here:

[link to news.yahoo.com]

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