MSNBC: Jobless Claims fell by 36,000. Lowest level in nearly three years.

[flpoljunkie]

[flpoljunkie]

1. More from AP...

Fewest requests for unemployment aid since 2008

By JEANNINE AVERSA
The Associated Press

Thursday, February 10, 2011; 8:36 AM

WASHINGTON -- The number of people applying for unemployment benefits plunged last week to the lowest level in nearly three years, boosting hopes that companies will step up hiring this year as the economy strengthens.

Applications sank by a seasonally adjusted 36,000 to 383,000, the lowest point since early July 2008.

Unemployment applications reflect the level of layoffs, but also can indicate whether companies are willing to hire.

Applications below 425,000 tend to signal modest job growth. But they would need to dip consistently to 375,000 or below to indicate a significant and steady decline in the unemployment rate.

http://www.washingtonpost.com/wp-dyn/content/article/2011/02/10/AR2011021002138_pf.html

[AnneD]

2. Did I feel a draft...

or is someone trying to blow smoke up my ass.

[great white snark]

5. A draft? Damn Obama wants to institute the draft? I'm outraged I tells ya, outraged!!

What will he might maybe do perhaps at some point? Grrrr.

[Teaser]

7. You have a better source of data?

let's see it.

[bluestateguy]

3. It was the snowstorms indeed that caused the temporary elevation in the numbers

nt

[jefferson_dem]

4. Surely, this must be terrible news...

I'll let you know more once I concoct a half-baked explanation that involves Obama sucking ... or something.

[Kdillard]

6. +1000

[impik]

9. Awful, awful news. You can see it by

the recs number.

Pathetic losers.

[Teaser]

8. this proves that Obama is worse than Pol Pot.

.

[Clio the Leo]

10. kickers nt