SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (40168)10/27/2003 9:26:22 AM
From: GraceZ  Read Replies (1) of 74559
 
Jobless claims refers to new claims. Doesn't it make sense that they increase and decrease by seemingly large amounts from week to week? Companies lay off in large groups, people who work for large companies are most apt to apply for insurance all at once and lose their benefits six months later all at once. Whereas the percentage of the workforce that gets unemployment insurance or is unemployed actually moves incrementally week to week (it's less than 1% of the population and around 2.4% of the work force). I think the reason the spin-meisters (both positive and negative) focus on the jobless claims is because it does look like a large number even though 4000 is a small number in comparison to the whole work force. The number of unemployed in this country is one of the most vigorously documented numbers that the government puts out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News