KHH1

By Joseph Lawler | October 16, 2014 | 9:29 am


The Department of Labor reported Thursday that just 264,000 workers filed jobless claims in the...
The number of workers filing unemployment claims fell to the lowest level in 14 years Thursday, in the latest sign that the U.S. labor market is gathering strength.

The Department of Labor reported Thursday that just 264,000 workers filed claims for unemployment benefits in the week ending October 11, fewer than the 290,000 Wall Street expected and down from 287,000 the week before. It was the lowest reading since 2000.

The four-week average of unemployment claims fell from 288,000 to 248,0000, also the lowest level since 2000.

Thursday's jobless claims numbers are a favorable indication of job growth, wrote High Frequency Economics' Jim O'Sullivan in response to Thursday's release. Falling unemployment claims "suggest ongoing strengthening from a pace that is already more than enough to keep the unemployment rate trending down," O'Sullivan concluded.

Net job gains have accelerated to nearly 230,000 a month in 2014, up from about 190,000 in 2013, and the unemployment rate has fallen from 6.6 percent to 5.9 percent in September.

Part of that improvement has come from the declining number of layoffs and other separations.

But businesses have also created more jobs. The U.S. had more job openings in August than anytime since 2001, according to the Bureau of Labor Statistics. Gross monthly job creation has soared by about 25 percent over the course of the past year. Increasing job openings and falling layoffs are expected to translate into faster monthly net job creation.


** And to think some Democrats are distancing themselves from President Obama.....you see how that worked for Al Gore....**

buffalo Loc: Texas

Really? Have you looked at the labor-force participation rate? It is the lowest in 36 years. Also, what kind of jobs are being created? Mostly part-time and wages have been stagnant.

More lying bullshit to keep the sheople fooled.

LAPhil Loc: Los Angeles, CA

Yeah, thank God for small favors!

KHH1

**Yep, you would see it that way.....disregard the baby boomers retiring, business automation and republican offshoring and just provide some intellectually lazy bullschit azz response** You people try to juxtapose your racial animus to Pres. Obama with illogical, irrational policy analysis....you'll never evolve beyond message board with that dumbed-down bullschit...many of you were living for failure to say, "see that proves niggers can't do shit right, we let them become president and they even fucked that off"...why don't you all man up and just say that? But like Klan hoods, racists are coward azz motherfuckers.....ahh...that felt good to say......haha

LAPhil Loc: Los Angeles, CA

You sound like a bigger racist than the people you're pointing the finger at. Where do you get your shovel?

KHH1

** Intended to...I know how to be expressive, academic and otherwise....it gets the reader's attention....read my message yesterday about mentoring white and black kids both and what life advice I give both...then draw your racist determination if you can...I see there was no response from YOU to THAT. Stop living for those moments only....that is what I mean when I mention bias..take it all in, do not be selective to negative bullschit only and you will be able to form a more accurate picture**

JMHO Loc: Utah

Left wing propaganda. There were less jobless claims because many have exhausted their eligibility and can no longer collect unemployment. You liberals love to skew numbers.

LAPhil Loc: Los Angeles, CA

Blah, blah, blah. All you've done is spew a lot of meaningless generalizations and call people who don't agree with you racists. Why don't you quote some actual statistics from the Department of Labor instead of some liberal spin doctor who just says things you want to hear?

KHH1

**read the gotdamn article...that is why i call you some racist motherf-kers......you don't even read the article and start talking bullschit just to dispute things...the article starts with dept. of Labor stats......duh!! damn you all can be really stupid as hell sometimes!!**

**The Department of Labor reported Thursday that just 264,000 workers filed jobless claims in the...
The number of workers filing unemployment claims fell to the lowest level in 14 years Thursday, in the latest sign that the U.S. labor market is gathering strength.**

The Department of Labor reported Thursday that just 264,000 workers filed claims for unemployment benefits in the week ending October 11, fewer than the 290,000 Wall Street expected and down from 287,000 the week before. It was the lowest reading since 2000.

LAPhil Loc: Los Angeles, CA

Well whoopdie freakin' doo. Maybe this means you can get a job now. Maybe you can explain why the stock market is now in the toilet.

JMHO Loc: Utah

Whoa! The liberal is getting fired up! And, just because we don't believe your stupid bogus article, we're racists! God! You lefties are pathetic!

READ VERY CAREFULLY...THE NUMBERS ARE DOWN BECAUSE MORE UNEMPLOYED WORKERS HAVE USED UP ALL THEIR ELIGIBILITY.

KHH1

** I see your dumbazz did not acknowledge that there were actual Dept. of Labor stats in my original posting...and your sorry azz never mentioned the stock market when it was 17,000...you miserable negative piece of schit loser... I have always had careers, not jobs...so don't get your motherf-kers mixed up b-tch**

LAPhil Loc: Los Angeles, CA

Did you get past the 9th grade? You must be tdrnest's twin brother.

buffalo Loc: Texas

Typical moonbat shit response to scream racism when their lies are exposed.

"The fundamental cause of wage stagnation is the poor quality of jobs created in the U.S. economy since the Great Recession ended. Part-time, low-paying jobs represent the vast majority of jobs created and that unfortunately didn’t change in September.

Approximately half of all jobs created in September came from the part-time, low-wage riddled sectors, including employment services (+34,000), retail trade (35,000), food and beverage (20,000), and leisure and hospitality (20,000). Totaling 109,000, there is little wonder why the number of involuntary part-time workers was unchanged again in September and stands at a sad 7.1 million Americans. These are able-bodied Americans who want full-time work, but cannot find an opportunity to do so.

The long-term share of jobs created held by these low-wage jobs is over 70 percent.

There were 698,000 discouraged workers — or, people who have given up looking for work because they do not believe they will or can find it — in the month of September alone. Another 2.2 million Americans were marginally attached to the labor force, which are persons who wanted and were available for work, and had looked for a job sometime in the prior 12 months. They are not counted among the unemployed because they were determined by the BLS to not have searched for work in the 4 weeks preceding the survey.

The U-6 rate, which is defined as the “total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force,” stands at a more accurate 11.6 percent."

http://www.peoplespunditdaily.com/2014/10/03/news/economy/truth-about-jobs-report-and-this-low-wage-part-time-economy/

The DOL isn't fooling anybody but your ignorant moonbat ass with their distortions and lies.

KHH1

Yep..had a doctorate before 35 and taught my first graduate course at 33....and you? See, some brothers are well-rounded....I always felt one may need a wall of degrees for the real world and AR's for the klan types like you when you kick the door down like old times...**