umbluegray
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| 10-19-2017 10:13 AM |
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Redwingtom
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RE: Jobless Claims Down
Actually, I think it's not usually seen as a good sign for the job market. Sorry.
(This post was last modified: 10-19-2017 10:19 AM by Redwingtom.)
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| 10-19-2017 10:19 AM |
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miko33
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RE: Jobless Claims Down
(10-19-2017 10:19 AM)Redwingtom Wrote: Actually, I think it's not usually seen as a good sign for the job market. Sorry.
You're kidding I hope.
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| 10-19-2017 10:25 AM |
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Redwingtom
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RE: Jobless Claims Down
(10-19-2017 10:25 AM)miko33 Wrote: (10-19-2017 10:19 AM)Redwingtom Wrote: Actually, I think it's not usually seen as a good sign for the job market. Sorry.
You're kidding I hope.
No, not at all. I don't remember all the particulars, but I do remember that it doesn't always mean the job market is actually that strong.
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| 10-19-2017 10:26 AM |
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miko33
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RE: Jobless Claims Down
(10-19-2017 10:26 AM)Redwingtom Wrote: (10-19-2017 10:25 AM)miko33 Wrote: (10-19-2017 10:19 AM)Redwingtom Wrote: Actually, I think it's not usually seen as a good sign for the job market. Sorry.
You're kidding I hope.
No, not at all. I don't remember all the particulars, but I do remember that it doesn't always mean the job market is actually that strong.
You may be thinking about the labor participation rate. If that drops, it's a sign that the labor market is weak and could result in the unemployment rate also decreasing. Unemployment claims dropping could be one of 2 things: 1) a job is found or 2) the benefits run out. It's great if it's 1, bad if it's 2.
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| 10-19-2017 10:29 AM |
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UofMstateU
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RE: Jobless Claims Down
(10-19-2017 10:29 AM)miko33 Wrote: (10-19-2017 10:26 AM)Redwingtom Wrote: (10-19-2017 10:25 AM)miko33 Wrote: (10-19-2017 10:19 AM)Redwingtom Wrote: Actually, I think it's not usually seen as a good sign for the job market. Sorry.
You're kidding I hope.
No, not at all. I don't remember all the particulars, but I do remember that it doesn't always mean the job market is actually that strong.
You may be thinking about the labor participation rate. If that drops, it's a sign that the labor market is weak and could result in the unemployment rate also decreasing. Unemployment claims dropping could be one of 2 things: 1) a job is found or 2) the benefits run out. It's great if it's 1, bad if it's 2.
Ask Tom about insurance deductibles if you want a real chuckle.
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| 10-19-2017 10:35 AM |
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swagsurfer11
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RE: Jobless Claims Down
People are just giving up on finding work.
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| 10-19-2017 10:58 AM |
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miko33
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| 10-19-2017 11:02 AM |
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UofMstateU
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RE: Jobless Claims Down
(10-19-2017 10:58 AM)swagsurfer11 Wrote: People are just giving up on finding work.
Not any more. As the below labor particpation rate chart shows, people gave up looking for work under Obama. People are now actively l ooking for wok and getting employed under Trump.
![[Image: latest_numbers_LNS11300000_2007_2017_all...9_data.gif]](https://data.bls.gov/generated_files/graphics/latest_numbers_LNS11300000_2007_2017_all_period_M09_data.gif)
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| 10-19-2017 11:03 AM |
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Redwingtom
Progressive filth
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I Root For: B-G-S-U !!!!
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RE: Jobless Claims Down
(10-19-2017 10:29 AM)miko33 Wrote: (10-19-2017 10:26 AM)Redwingtom Wrote: (10-19-2017 10:25 AM)miko33 Wrote: (10-19-2017 10:19 AM)Redwingtom Wrote: Actually, I think it's not usually seen as a good sign for the job market. Sorry.
You're kidding I hope.
No, not at all. I don't remember all the particulars, but I do remember that it doesn't always mean the job market is actually that strong.
You may be thinking about the labor participation rate. If that drops, it's a sign that the labor market is weak and could result in the unemployment rate also decreasing. Unemployment claims dropping could be one of 2 things: 1) a job is found or 2) the benefits run out. It's great if it's 1, bad if it's 2.
Perhaps. I haven't had time to look into if further yet.
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| 10-19-2017 11:24 AM |
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