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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Bindare_Dundat on May 14, 2009, 07:59:42 AM

Title: 637,000 people filed for first-time unemployment benefits
Post by: Bindare_Dundat on May 14, 2009, 07:59:42 AM

Continuing claims at all-time high for 15th week in a row.
 Auto industry job losses led to a surge in the number of people filing initial claims for unemployment benefits last week, according to a government report released Thursday.

And, in the most recent data available, the number of people filing claims on an ongoing basis rose to a record high for the 15th straight week.

A total of 637,000 people filed new claims for jobless benefits in the week ended May 9, the Labor Department said. That's an increase of 32,000 from an upwardly revised 605,000 in the previous week.

The tally was higher than expected. Economists surveyed by Briefing.com had forecast 610,000 initial claims.

The majority of last week's increase was due to layoffs and furloughs in the automotive industry, a Labor Department analyst said.

Title: Re: 637,000 people filed for first-time unemployment benefits
Post by: BM OUT on May 14, 2009, 08:43:01 AM

I dont understand that.The Mesiah was supposed to have cured that.Funny,the fools on here will say its him that has caused the stock market to rebound but on this news you will hear"its only been 130 days,give him a chance".As predicted,when its good news,its Obama,when its bad news it was Bush.What a joke.THE STIMULOUS HAS DONE NOTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Title: Re: 637,000 people filed for first-time unemployment benefits
Post by: Hereford on May 14, 2009, 08:45:19 AM

Quote from: BILLY MIMNAUGH on May 14, 2009, 08:43:01 AM

I dont understand that.The Mesiah was supposed to have cured that.Funny,the fools on here will say its him that has caused the stock market to rebound but on this news you will hear"its only been 130 days,give him a chance".As predicted,when its good news,its Obama,when its bad news it was Bush.What a joke.THE STIMULOUS HAS DONE NOTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It's lined the pockets of quite a few unionites and auto/bank execs...

Title: Re: 637,000 people filed for first-time unemployment benefits
Post by: Soul Crusher on May 14, 2009, 08:51:08 AM

Quote from: Hereford on May 14, 2009, 08:45:19 AM

It's lined the pockets of quite a few unionites and auto/bank execs...

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