| Author |
Topic:
Weekly initial jobless claims down 13,000 to 348,000 [Locked] |
Abaddon_Ambrosius  Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
So, we're just barely bumping along at that "healing" number -- somewhere less than 350,000 -- that slightly outstrips normal job turnover and attrition.
The 4 week moving average is down about 1,400 to 365,000. At minimum, that needs to get below 350,000 and stay there.
Producer Price Index is up .1%.
I don't bother to report unemployment # because, as we discussed ad nauseum, it doesn't mean anything. Official U6 number of unemployed & underemployed seeking gainful employment is still in the 14.5 -> 15% range.
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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
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Rosaria  Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
There are some wicked, wicked headwinds on the horizon. We should take whatever good news comes our way now and feel good about it.
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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
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Thugoneous Title: Watching Caliente, BRB.
Posts: 1,128
Registered: 2002-11-2 18:00:54
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Foreclosures are up 8%
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Lady, people aren't chocolates. D'you know what they are mostly? Bastards. Bastard-coated bastards with bastard filling.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Rosaria posted:
There are some wicked, wicked headwinds on the horizon.
Are you just going to leave that hanging?
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"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Abaddon_Ambrosius Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
|
Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Thugoneous posted:
Foreclosures are up 8%
They'll go higher. The robosigning thing is over, the banks are freed up to move on people. I read a stat somewhere that we're now at the highest % on record for people 1-year delinquent or more.
About to get ugly. Rental market is about to get crowded.
-----signature-----
In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
|
Thugoneous Title: Watching Caliente, BRB.
Posts: 1,128
Registered: 2002-11-2 18:00:54
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
So should I raise my rent this year on my tenants?
-----signature-----
Lady, people aren't chocolates. D'you know what they are mostly? Bastards. Bastard-coated bastards with bastard filling.
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Abaddon_Ambrosius Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
|
Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Thugoneous posted:
So should I raise my rent this year on my tenants?
It's specific to zip code, really, so you are apples to apples.
Rents in several zip codes around me shot up about 8-10% this last year. I hiked my rent on a nice condo a scant 5% and filled the place in 6 days.
I'm having to raise the rents though because inflation is setting in, driving up the association/maintenance fees.
PS: I got no idea if you really have tenants or not. I do.
-----signature-----
In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
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Rosaria Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Sin_of_Onin posted:
Rosaria posted:
There are some wicked, wicked headwinds on the horizon.
Are you just going to leave that hanging?
-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
Rosa, are you going to actually say something of your own or are you just going to imply things and refer to articles?
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Sansfear  Posts: 757
Registered: 2008-8-31 05:04:52
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Date Posted:
1/1/00 12:00am
Subject:
Weekly initial jobless claims down 13,000 to 348,000 |
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I think she's talking about if/when and whether or not the Greek economy officially defaults which would activate all the credit default swaps tied to it.
They keep throwing money at them in an attempt to avoid that happening, but it is inevitably going to do so (and should have been done awhile back so they could restructure). All they are doing now is throwing hundreds of billions of good money after bad.
Then again, I could be wrong!
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