Initial claims SURGE downwards (24K from last week)

[dmallind]

http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?SiteName=Investor&ArticleId=NS20100422094214HeadlineHits

Don't think 24K is a surge? You have no credibility unless you also said so last week. Numbers exaactly the same so language should be too, right? ....

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=8153447#8153674

[Beetwasher]

1. Well, I'd Call It A "Precipitous Drop"

:evilgrin:

[dmallind]

3. True - I was thinking of using my own suggestion from the initial thread

and going with "plummet". But I thought simply using the same word with a different direction made the point clearer.

[Ozymanithrax]

2. In Iraq a surge was ony 20,000. So 24, 000 is a surge + 20% n/t

[berni_mccoy]

4. "Claimants receiving extended benefits declined by 508,187" That's MASSIVE.

[dmallind]

5. Gotta be honest was just thinking of initial claims data. Good catch!

Now of course we have to dig a bit deeper to see if they ran out or got off!

[Karmadillo]

6. "The drop was not due to employment gains."

nt

[dmallind]

10. if only 200k were excluded it had yo be partially at least

[harkadog]

7. That's because the law expired giving them the benefits.

[berni_mccoy]

8. Only 200k were attributed to that. That leave over 300k due to the job market.

[NJmaverick]

9. Another day and another bit of good economic news

now doubt about it the Economy is starting to take off!:woohoo: