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12-20-2013, 10:35 PM
One word: Wow. (http://www.dol.gov/opa/media/press/eta/ui/eta20132401.htm)
In the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week's figure of 369,000. The 4-week moving average was 343,500, an increase of 13,250 from the previous week's revised average of 330,250.
....
The advance number of actual initial claims under state programs, unadjusted, totaled 414,002 in the week ending December 14, a decrease of 48,196 from the previous week. There were 401,429 initial claims in the comparable week in 2012.
Got that kids? This number is worse than last year's comparable week.
In other words, it's going the wrong way.
What's worse is the big table, which caused me to blow espresso out my **se.
https://hameed.nwar.uk/vb/akcs-www?get_gallery=4796 (https://hameed.nwar.uk/vb/akcs-www?get_gallerynr=4796)
+607,000 people added in one week to all UE programs, with most of it coming from "regular" state programs?
Ho-Lee-Fuuuk!
PS: See that EUC 2008 number, 1.249 million people? Their "extended benefits" all disappear shortly as the program expires and was **t renewed in the recent "budget deal" too.
PPS: Obamacare didn't really fire 600,000+ people in one week, right? Oh wait....
أكثر... (http://market-ticker.denninger.net/akcs-www?post=226923)
In the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week's figure of 369,000. The 4-week moving average was 343,500, an increase of 13,250 from the previous week's revised average of 330,250.
....
The advance number of actual initial claims under state programs, unadjusted, totaled 414,002 in the week ending December 14, a decrease of 48,196 from the previous week. There were 401,429 initial claims in the comparable week in 2012.
Got that kids? This number is worse than last year's comparable week.
In other words, it's going the wrong way.
What's worse is the big table, which caused me to blow espresso out my **se.
https://hameed.nwar.uk/vb/akcs-www?get_gallery=4796 (https://hameed.nwar.uk/vb/akcs-www?get_gallerynr=4796)
+607,000 people added in one week to all UE programs, with most of it coming from "regular" state programs?
Ho-Lee-Fuuuk!
PS: See that EUC 2008 number, 1.249 million people? Their "extended benefits" all disappear shortly as the program expires and was **t renewed in the recent "budget deal" too.
PPS: Obamacare didn't really fire 600,000+ people in one week, right? Oh wait....
أكثر... (http://market-ticker.denninger.net/akcs-www?post=226923)