Jobless claims fall to 6-week low. Is that a good sign for the economy?

by Fox Report with Shepard Smith Posted 2012/07/05 14:49:11

Loading Demographics... Click an icon to see demographic results Display unknown and private
	Yes	5 votes	3%
	No	106 votes	62%
	Too soon to tell	60 votes	35%

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marty 2012/07/08 05:55:37

Too soon to tell

I agree that a lot of people have stopped looking for work. It's possible that they're temps or have 'paid-per-call' work which wouldn't be considered as unemployed no matter how few jobs they get.

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schjaz 2012/07/06 17:06:29

No

+1
The full unemployment of this country is not properly tallied and not properly reported. Unemployment is actually over 14%.

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Fef 2012/07/06 05:51:36

No

+3
People stopped looking for work so they don't count.
Also, I don't trust the numbers this close to an election.

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RicardoCabeza 2012/07/06 01:31:34

Too soon to tell

+1
They have probably just run out of benefits.

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frank 2012/07/05 22:54:40

No

They have no way of knowing because they don't any idea of the people that drop off unemployment rolls.Unemployment % is just the number of checks they write each period.

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schjaz to frank 2012/07/06 17:08:16 (edited)

Actually, I think its the new filings for unemployment benefits. If there are fewer jobs to lose, doesnt it make sense that there would be fewer losing jobs. The numbers are just so bogus.

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frank to schjaz 2012/07/06 17:29:40

+1
So true.

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davidgoessplat 2012/07/05 22:49:42

Too soon to tell

Its too soon to tell if its because people are getting jobs or if they just screwed up the numbers again.

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Frank 2012/07/05 22:44:14

Too soon to tell

That just means people have quit hunting for jobs. Might I ask where are these jobs if that really is the case?????
Bad news another 500,000 college graduates will be entering the work force this year, and next year, and next year, and so on......

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Teri- Oregon 2012/07/05 22:34:41

No

+2
That just means more people fell off of unemployment

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BOOGIE-WOOGIE-MUSIC-MAN-ROC... 2012/07/05 18:53:25

No

+2
The tighter the tie, the bigger the lie. this is just more bureaucratic garbage.

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the fuze 2012/07/05 17:30:40

No

+1
Need more than just claims data.

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Tony 2012/07/05 16:59:13

No

+1
All it means is that people have stopped claiming. Doesn't mean they all have jobs now.

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Gracie - Proud Conservative 2012/07/05 16:31:18

No

+2
All the unemployment numbers are smoke and mirrors.

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irish -liberty or death! 2012/07/05 16:20:14

No

+3
more BS from the govt. why don't they try and tell the truth?

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KrSpo 2012/07/05 15:53:46

Yes

+1
Anything positive is a good sign. Will it last, who knows? The problem with asking this question here is that most on these bards have no idea that the rest of the world is having far worse issues than we are, and thus affects our economy as well. No matter what they 'want' the economy is tied to the larger world, because we cannot survive unless the rest of the world is dealing in our GDP

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kir 2012/07/05 15:10:18

No

+2
Jobless numbers are disgustingly high; they will go far higher once new taxes and policies kick in next year and they will continue to rise until this government gets a sense of sanity.

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Reichstolz 2012/07/05 14:57:01

Too soon to tell

Considering for the last 80 weeks the unemployment stats have been corrected to the negative, I don't understand why they keep reporting them.

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Damon 2012/07/05 14:56:16

Too soon to tell

+2
Never, but never believe the first set of numbers... Wait for it... The revised numbers are always worse.

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Outta' Here. 2012/07/05 14:53:29

No

+3
As you know, Shep; unemployment numbers only show those who are actually COLLECTING or APPLYING for unemployment, not those who aren't collecting, don't qualify, or have exhausted their benefits.

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