Claims: Meh in [Market-Ticker]

Posted 2012-05-17 09:12
by Karl Denninger
in Employment

Claims: Meh

In the week ending May 12, the advance figure for seasonally adjusted initial claims was 370,000, unchanged from the previous week's revised figure of 370,000. The 4-week moving average was 375,000, a decrease of 4,750 from the previous week's revised average of 379,750.

Revised again eh? smiley

What's the big table tell us?

That "extended benefit" people are being kicked off. Still.

Nothing here to see folks; employment is not getting better.

Discussion below (registration required to post)

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User Info	Claims: Meh in forum [Market-Ticker]
Muscleknight Posts: 3985 Incept: 2007-06-26 Columbia, SC	The best data massage they can do is "unchanged"? ---------- My Financial Avatars - http://s677.photobucket.com/albums/vv131.... A rumor isn't true unt 2012-05-17 09:29:15 Permalink
Bagbalm Posts: 4248 Incept: 2009-03-19 Just North of Detroit	No safety net. No family farm to go back to. Social Security Disability can only absorb so many. Crimes against property will go WAY up. Armed robbery some also. We are seeing this in our suburban area already. Home invasions and theft from vehicles and garages. Theft from construction sites and anything metal even if bolted down. Last modified: 2012-05-17 12:48:23 by bagbalm 2012-05-17 12:47:39 Permalink
Abn0rmal Posts: 9261 Incept: 2009-01-10	Bagbalm wrote.. Crimes against property will go WAY up. Armed robbery some to. We are seeing this in our suburban area already. Home invasions and theft from vehicles and garages. Theft from construction sites and anything metal even if bolted down. That's why I'm starting a new job today selling home security systems. 2012-05-17 12:53:37 Permalink
Oldno7 Posts: 2138 Incept: 2008-11-14 RECALL STATE USA	I know I'm an old fart but what the hell is Meh? From what I could find "Whatever" works just as well and that I understand. ---------- IT'S THE SPENDING STUPID The US must become less a government of men, and more a government of LAW. When people lose everything and have nothing left to lose they lose it -Gerald Celente 2012-05-17 12:55:28 Permalink
Erica712 Posts: 1910 Incept: 2009-03-16 Central FL	I agree Bagbalm. We're seeing that in my area of FL already. Whoever is breaking into cars in my 'hood got a gun from one of the vehicles. Great... UE is down to 23 weeks in FL now since the state no longer qualifies for federal extended benefits. Anyone who gets laid off now is going to have to scramble to find something and probably settle for making much less than his prior job. I guess folks will pile into food stamps and start missing mortgage payments. 2012-05-17 22:52:17 Permalink

Bagbalm wrote..