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Yo_Mama_Been_Loggin

(108,485 posts) Thu Jan 3, 2019, 05:31 PM Jan 2019

Weekly jobless claims increase more than expected

The number of Americans filing applications for jobless benefits increased more than expected last week, but the underlying trend continued to point to labor market strength despite ongoing financial market volatility.

Initial claims for state unemployment benefits rose 10,000 to a seasonally adjusted 231,000 for the week ended Dec. 29, the Labor Department said on Thursday. Data for the prior week was revised higher to show 5,000 more applications received than previously reported.

Economists polled by Reuters had forecast claims increasing to 220,000 in the latest week.

The Labor Department said claims for California and Virginia were estimated last week. Unadjusted claims for both of those states declined last week.

https://www.msn.com/en-us/money/markets/weekly-jobless-claims-increase-more-than-expected/ar-BBRL6YY

3 replies

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Weekly jobless claims increase more than expected (Original Post) Yo_Mama_Been_Loggin Jan 2019 OP

Oh oh,starting to see the Wellstone ruled Jan 2019 #1

It's more likely than not GDP will be lower and unemployment will be higher on 1/3/20 than it is now DemocratSinceBirth Jan 2019 #2

Kind of looking that way already. Wellstone ruled Jan 2019 #3

Wellstone ruled

(34,661 posts)

1. Oh oh,starting to see the

Reply to Yo_Mama_Been_Loggin (Original post)

Thu Jan 3, 2019, 05:39 PM

Jan 2019

unemployment numbers in the MSM. Oh oh,Donnie is not going to like that.

DemocratSinceBirth

(99,719 posts)

2. It's more likely than not GDP will be lower and unemployment will be higher on 1/3/20 than it is now

Reply to Wellstone ruled (Reply #1)

Thu Jan 3, 2019, 05:41 PM

Jan 2019

I'm starting to believe we could win bigger pop vote/EC margin than in 2008.

Wellstone ruled

(34,661 posts)

3. Kind of looking that way already.

Reply to DemocratSinceBirth (Reply #2)

Thu Jan 3, 2019, 06:14 PM

Jan 2019

Do know Nevada will be a solid Blue state for some time to come. We are seeing a Medicare for all bill popping in our Legislature next week. Plus tightening of Gun Purchases,as well as another look at the minimum wage. Top that with a whole new funding formula for Education with Junior College being a almost free or free to graduating Kids and Adults who need to upgrade.

This will cause Arizona and Utah to react in a positive nature . Which in Arizona we have a great chance of another Senator as well as a couple house seats. Arizona should get one new District so that will be darn interesting.

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