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10:16 AM on 08/11/2011
Simply stated, insignificant.
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the avenging angel
Education is no substitute for common sense.
10:15 AM on 08/11/2011
Jobless Claims Fall Below 400,000 For First Time In Four Months

Oh joy ! Bust out the bubbly !
10:13 AM on 08/11/2011
Maybe if we reduced LEGAL immigration whenever the unemployment rate got over 5% we would be in much better shape today. America admits a million legal immigrants every year. If we reduced the H1B visas when the rate went over 5% we would have 3 million less unemployed people today. We need to find jobs for people already here first. Adding more people in a period of high unemployment only makes the jobs situation worse.
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Ebay Seller Len
10:18 AM on 08/11/2011
H1B visas are limited to 65,000 a year.
10:27 AM on 08/11/2011
ebay seller len 'omits' mention of H1B sister visa, the L-1, which allows for temporary transfer of employees from company locations abroad, and has no caps.
10:32 AM on 08/11/2011
PERSONS OBTAINING LEGAL PERMANENT RESIDENT STATUS: FISCAL YEARS 2001 TO 2010

2001 1,058,902
2002 1,059,356
2003 703,542
2004 957,883
2005 1,122,257
2006 1,266,129
2007 1,052,415
2008 1,107,126
2009 1,130,818
2010 1,042,625

H1B visas are a part of the total but they all impact unemployment.
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irwinrsteffy
10:22 AM on 08/11/2011
The pols want more.
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OSCPJ
Want it? Work 4 it. No 1 has ever drown in sweat.
10:09 AM on 08/11/2011
18 weeks in a row the numbers have been later revised upward. Doesn't anyone question that? At won't point can you be wrong on a 50-50 question? One in 65,536.
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AZreb
equal-opportunity Independent heathen
10:09 AM on 08/11/2011
Take the middle letter from BLS (Bureau of Labor Statistics) and you have my opinion of its numbers.
10:04 AM on 08/11/2011
I wont be surprised when the next "revision" lifts it 6,000+ over 400,000 to massage the next set of poor numbers.
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Mitchman57
I might be indecisive. But... maybe not.
10:01 AM on 08/11/2011
The reptile-icans are working for a way to reverse this trend. Jobs, jobs, jobs can be taken many ways.
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09:59 AM on 08/11/2011
Could it be that the numbers are down because so many states have changed eligibility for unemployment making it harder to qualify?
09:44 AM on 08/11/2011
The number of applications for unemployment benefits does nothing to indicate how many people are either ineligible for benefits or have had their benefits expire, do they?

I worry because I can see this number dropping to around 200,000 with politicans declaring victory and recovery. Meanwhile an underclass of long term unemployed remains growing more and more desperate and angry. Becoming disaffected with and ignored by society this underclass would begin to lose its moral compass and turn to crime. Authorities would respond by cracking down on them with more severely until one fateful day when some spark causes them to rise up and make their presence known.

Then we get to know what London feels like.
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Mitchman57
I might be indecisive. But... maybe not.
09:59 AM on 08/11/2011
Truth. I'd fan you again for this one.
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Adartist777
Middle Class Warrior
09:42 AM on 08/11/2011
Gee! Great news. Now if we can start having 350,000 new jobs open up each month, we'll be prosperous again.
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OSCPJ
Want it? Work 4 it. No 1 has ever drown in sweat.
10:10 AM on 08/11/2011
Not prosperous, but starting to make a dent.
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psnyder325
Yep, I'm a Socialist. Deal.
10:28 AM on 08/11/2011
No. It is NOT starting to make a dent. Companies have simply laid off all of the people who can be laid off and still stay in business. Think about how employment works and you will see.
04:57 PM on 08/11/2011
Well we were at 215,000 new jobs a month, now it's down to 170,000 NEW jobs a month . . . . not good in any way, but sure as hell better than losing 750,000 a month which is where we were at the end of 2008.

Or does it upset you that there is some tiny bit of progress?