Unemployment On The Rise Again
Posted in H.L. News, Main Blog (All Posts) on January 25th, 2007 1:47 pm by HL
Jobless claims rise to 16-month high
AP
Excerpt
WASHINGTON – The number of Americans filing applications for unemployment benefits shot up last week by the largest amount in 16 months, reversing two weeks of big declines.
The Labor Department reported Thursday that 325,000 newly laid-off workers filed claims for jobless benefits last week, an increase of 36,000 from the previous week. That was the biggest one-week rise since a surge of 96,000 claims the week of Sept. 10, 2005, when devastated Gulf Coast businesses laid off workers following Hurricane Katrina.
The increase of 36,000 was bigger than the 20,000 rise that had been forecast.
H.L.s Take:
What??? I thought that the economy is supposed to be doing great. The stock market is at an all time high. Ohhh yeah thats right, the economy is only doing well for the super rich, and for large corporations. But for regular people like you and me, its just a big smokescreen. Just like everything else Bush, and the Republicans do.
January 25th, 2007 at 6:41 pm
H.L. I doubt seriously dude that anyone who rubs shoulders with John Kerry at luncheons, and worked for MTV could really claim to be a regular person! Who are you trying to jive??
January 29th, 2007 at 11:55 am
Well lets see. How many of those people were from Ford motors? How many of them were from the New York Times? Those are all people that were making “big money” So I guess that means that the Unions aren’t doing their jobs like they promise. Oh wait the people who were working for Ford got big deals when they left. So I guess they don’t count.
Why don’t you put out there HL just how many of the people that filed for unemployment were in the minimum wage class. Than it might be worth worring about. But since Ford, NYT, and all the other big Corps are cutting people why don’t you tell just how many of them are bottom of the pay scale. Not as many as there are in the middle and on the top.