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New Jobless Claims: Totally Expected and What to Expect Next

eevans Wrote: Feb 04, 2013 7:58 AM
These numers now don't reflect people who can't claim anymore, are part-time employed instead of full time, or have flat out given up & gone on welfare. Loss of full time jobs due to Obamacare and having to work part-time will distort the true meaning of under-employed. The family income will go down with having to pay excessive taxes due to Obamacare and people are in for a rough ride

As we expected, the number of new jobless benefit claims jumped from the low level reported in the previous week. Let's show where things stand now, then get to some analysis - our chart below shows where we are with respect to the most recently established trend for new jobless claims: