Fewest Americans since 2007 seek jobless benefits

Finally we see evidence that many of President Obama's successful economic policies are bearing fruit.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 — a sign of dwindling layoffs and steady if modest job growth.

The Labor Department said Thursday that the less volatile four-week average fell 4,000 to 332,000, the fewest since November 2007 and the fifth straight decline.

Companies are laying off fewer workers, a trend that has lowered applications for unemployment benefits 14 percent this year. But hiring is still sluggish, resulting in only modest net job growth.

Fewest Americans since 2007 seek jobless benefits


This is good news.

On the other side of the coin...

Couldn't it be that Americans still don't have jobs and those jobs that are filled are staying filled as there aren't too many jobs left to lose?
Just like the number of people on benefits going down...but they don't tell you that that doesn't mean they all have jobs again...they just ran out of benefits.

reply to post by superman2012


Yes it could.

But we need to hear the President explain so we all can understand.

Originally posted by xuenchen
Finally we see evidence that many of President Obama's successful economic policies are bearing fruit.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 — a sign of dwindling layoffs and steady if modest job growth.

The Labor Department said Thursday that the less volatile four-week average fell 4,000 to 332,000, the fewest since November 2007 and the fifth straight decline.

Companies are laying off fewer workers, a trend that has lowered applications for unemployment benefits 14 percent this year. But hiring is still sluggish, resulting in only modest net job growth.

Fewest Americans since 2007 seek jobless benefits


This is good news.

This article is horse #. 48% of American's consider themselves unemployed or underemployed. There's also no shortage of jobs either, there's just a shortage of American's who aren't too lazy or too good for a blue collar job.

reply to post by xuenchen


After three months of unemployment, benefits dry out, and many states stop completely the payment of benefit after the three month period, some other states will pay out after but it has to be reviewed.

One thing is for sure, the welfare keeps growing and more families are filling out for welfare even when they are working.

Is this the people you want to run the country next. The people who cheer and clap when America is falling apart because it makes the president look bad. The right have proven time and time again..they are just not fit for the world of civilized people. I mean who else cheers as your fellow country men suffer because it makes the prez look bad?

I do not think your country is in as bad as shape as the right lobe to say it is but it does make you see the type of people they are.

yes, lets celebrate stagnant growth and lots and lots of part time jobs! because you know what leads to prosperity? part time jobs!!!

oh wait, that leads to more who need govt assistance of some sort. awesome.

also, yes, i do want the people who know that this president is a worthless buffoon who isnt qualified to run a lemonade stand let alone a country to take over. but lets not blame you know, the idiot at the steering wheel who is destroying the country. no no no, lets blame the people who call him out for horrible policies that are tearing the economy apart. good idea! no, GREAT idea!

real conservatives/libertarians would do wonders for this country i bet. get govt the F out the way so people can actually do business.

socialism fails EVERY TIME. EVERY. SINGLE. TIME. eventually people run out of money to take.

obama should leave the office and let somebody who has a clue take over.

reply to post by xuenchen


Maybe unemployment, but I work in a industry that deals with SSI, SSDI and social security disability benefits. I can assure you, people are still trying to cheat the system and get their free ride.

We have a lot of employees trying to get through clients. We have a influx of over 1,000 new clients a week. Some of these people don't even deserve benefits, yet here they are applying. Why? Because they don't have a job and can't get unemployment, so they try to falsely apply for SSI/SSDI.

It's really pretty sickening. I work my tail off so other people can ride on hard working peoples coat tails...

I know it's a little off topic, but at the same time it's on the same type of subject.

-SAP-

Originally posted by SloAnPainful
reply to post by xuenchen

 

We have a lot of employees trying to get through clients. We have a influx of over 1,000 new clients a week. Some of these people don't even deserve benefits, yet here they are applying. Why? Because they don't have a job and can't get unemployment, so they try to falsely apply for SSI/SSDI.


-SAP-

Isn't Being Unemployed and not being able to find a job the criteria for applying for help in the first place...I dont understand what you are trying to say here..

reply to post by Soloprotocol


Most of the "disabled people" I deal with are not truly "disabled". They blame their "disability" on why they can't get a job. Some of them, yeah they can't because they are truly disabled. Others just need to find a way to get income. So they try to cheat the system.

My point is the unemployment rate is so high people have given up and are trying to find anyway to get money. The easy way. Sit around and collect...

If I wasn't clear in my post my apologies.

-SAP-

reply to post by SloAnPainful


How can you tell if they are Disabled or not...Are you medically trained?? Most disabilities are not obvious to see from the outside....Example, Heart and lung disease, Osteoarthritis, Osteomyelitis, Mental iIlness etc.

Originally posted by superman2012
On the other side of the coin...

Couldn't it be that Americans still don't have jobs and those jobs that are filled are staying filled as there aren't too many jobs left to lose?
Just like the number of people on benefits going down...but they don't tell you that that doesn't mean they all have jobs again...they just ran out of benefits.

Framing the narrative to not appear as lipstick on a pig to jimmy up the low information voters egos so they don't realize they voted the wrong way TWICE.

It kind of stymies me that people still seem to want to blame governmental over-regulation for the economy.

You do realize that most mega-corporations are and have been enjoying record profits for the past six years while the rest of us watch our careers, life savings, investments, and security all dry up. Right?

At the top of the pile there are a few thousand corporate raiders who are laughing their asses off while they admire their golden parachutes and obscene wealth.

reply to post by Soloprotocol


You can not just come into any government office and claim disability without years of medical records to prove that you indeed have one.

Those numbers that "Supposedly" indicate some kind of recovery are false. The talking heads on your TV told y'all what was going on about 2 or 3 years ago, but it doesn't do any good to ask people with an 8 minute attention span to refer to information presented 16 minutes ago, let alone a year or 3...

It's called a jobless recovery, what exactly does that mean to you?. Some claim there are plenty of jobs out there, which from a cursory view there seem to be, some claim the unemployed are lazy, and there are many jobs but they don't wanna do blue collar work, in some, but not all cases, that may be true.

The big issue here, and I know this from experience, is that corporations and employers are cutting costs by slashing benefits and even treating employees fairly in order to be able to skirt having to pay the required benefits out when "Mandatory Insurance" or "Obamacare" comes into force of law.

I think a lot of you who want to blame it on , so called "Lazy People" need to realize that working for someone else, letting someone else deal with all of the bureaucracy and paperwork, letting someone else deal with all of the taxes and unemployment mandates and insurance.....all the overhead......

Y'all need to understand that relying on an employer to deal with all of the above, is nothing more than "Camouflaged Laziness".

Yup, I am one to hold up mirrors.

Originally posted by marg6043
reply to post by Soloprotocol

 

You can not just come into any government office and claim disability without years of medical records to prove that you indeed have one.

So People cant become disabled over night......Ask Superman.

40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe If you know someone that actually believes that the U.S. economy is in good shape, just show them the statistics in this article. When you step back and look at the long-term trends, it is undeniable what is happening to us. We are in the midst of a horrifying economic decline that is the result of decades of very bad decisions. 30 years ago, the U.S. national debt was about one trillion dollars. Today, it is almost 17 trillion dollars. 40 years ago, the total amount of debt in the United States was about 2 trillion dollars. Today, it is more than 56 trillion dollars. At the same time that we have been running up all of this debt, our economic infrastructure and our ability to produce wealth has been absolutely gutted. Since 2001, the United States has lost more than 56,000 manufacturing facilities and millions of good jobs have been shipped overseas. Our share of global GDP declined from 31.8 percent in 2001 to 21.6 percent in 2011. The percentage of Americans that are self-employed is at a record low, and the percentage of Americans that are dependent on the government is at a record high. The U.S. economy is a complete and total mess, and it is time that we faced the truth. The following are 40 statistics about the fall of the U.S. economy that are almost too crazy to believe... #1 Back in 1980, the U.S. national debt was less than one trillion dollars. Today, it is rapidly approaching 17 trillion dollars...

#24 According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income". #25 According to the U.S. Census Bureau, 49 percent of all Americans live in a home that receives direct monetary benefits from the federal government. Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government. #26 Overall, the federal government runs nearly 80 different "means-tested welfare programs", and at this point more than 100 million Americans are enrolled in at least one of them. #27 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls. #28 As I wrote recently, it is being projected that the number of Americans on Medicare will grow from 50.7 million in 2012 to 73.2 million in 2025. #29 At this point, Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years. That comes to approximately $328,404 for every single household in the United States. #30 Right now, there are approximately 56 million Americans collecting Social Security benefits. By 2035, that number is projected to soar to an astounding 91 million. #31 Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years. #32 Today, the number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.

Source

From My other thread Lets end the fantasy of having a career or being employed...

I am sorry to say, but the economy is tanking, it will fail, those on assistance now will be crushed when it happens. When the poorest people have their last leg taken from them you can expect a spike of violence coming out of the ghettos and into the suburbs cause people will be hungry. I agree with other posters about people are not seeking benefits because they do not have any, they are either exhausted, or they don't care no more. The coming years will be interesting at the least.

Originally posted by marg6043
reply to post by xuenchen

 

After three months of unemployment, benefits dry out, and many states stop completely the payment of benefit after the three month period, some other states will pay out after but it has to be reviewed.

One thing is for sure, the welfare keeps growing and more families are filling out for welfare even when they are working.

I have people who worked for me for 4 months being able to claim Unemployment benefits for 2 years going forward........tell me how that makes sense. Luckily I win every time I contest, but many businesses aren't that lucky.

Where is Xuenchen and what have done
with him? Obviously this is an imposter.

reply to post by Soloprotocol


Like Marg stated. I don't need to be medically trained, that's what doctors are for. They need whats called a "functional capacity questionnaire" signed by a medical doctor. Plus a series of other documents are proof.

-SAP-