Jobless claims at 320K

Initial Jobless Claims: -15K to 320K vs. 330K consensus, 335K prior (revised from 333K).

Comments (5)
  • American in Paris
    , contributor
    Comments (5495) | Send Message
    Morning in America ... Thank you, B and B!
    15 Aug 2013, 09:19 AM Reply Like
  • CaladesiKid2
    , contributor
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    How sad that 320,000 filing for unemployment is considered good news by many. So, this is what a 'slowly improving economy' looks like? So many of us had much higher expectations.
    15 Aug 2013, 10:02 AM Reply Like
  • sarichter
    , contributor
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    What kills me is...


    There are supposedly 3,830,000 job vacancies out there...
    There are 320,000 jobless claims...
    There are 11,514,000 unemployed persons...


    A good portion of those unemployed persons aren't necessarily people looking for work.
    This also shows there are plenty of jobs out there to be filled.
    The problem is (probably) that people don't want these jobs.
    I think most people forget that not everyone can have the greatest jobs in the world. There is a ton of competition for the best positions and those who do not get them have to settle (or work harder) for what they do get.


    It is obvious that the rich are getting richer, but I think people seem to forget they also need to be more flexible and give other opportunities a shot rather than clinging to the previous status quo.
    15 Aug 2013, 12:00 PM Reply Like
  • mrdirt
    , contributor
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    sarichter, People are looking for work, but the longer you are out of work companies don't even consider you. Most jobs out there are temp/part time help.
    Plenty of part time jobs, very few full time jobs.
    Most people are not waiting as you say for "greatest job in world"
    they just want a job that pays a living wage.



    15 Aug 2013, 12:31 PM Reply Like
  • sarichter
    , contributor
    Comments (571) | Send Message


    I understand that the longer a person is out, the harder it is for them to get back into employment. I have been there myself and it is difficult. I also don't disagree with the fact most work out there is of lesser value than what most people are expecting or used to.


    That being said, there are many people (especially the teen segment one of those articles reference) that have either a professional or educational background in fields that help is no longer required or in great need. There is still a segment of the unemployed population out there that expects to be paid well for things that may not hold much value anymore. I'm not trying to make a universal statement that people should work for less, but there are just some positions out there that are just not valuable.


    I do sympathize with those that are finding it tough to find steady work at a decent pay. I do also agree that corporations find stockholders more important than employees. However, if I were just graduating high school or if I were a person that has been out of work for 2+ years... I would be going back to school (AA or technical degree) so I could land a position in one of those 3,000,000 job vacancies. If the pay wasn't that good, I would find a place in the country that I could to afford to live on the salary that was offered to me.


    In fact, there is a reason why I have lived in the cities I have. I work in a profession that isn't very highly paid for the work we produce. Luckily, our profession is required for the safety and well-being of the general public, but it's not highly valued so our pay is certainly no where near what individuals in other industries make. However, I chose specific things in my field to become an expert in and I chose cities to live in that would be suitable and complementary to my lifestyle/income.


    I know there are financial ramifications to moving to different areas of the country and that some just can't afford to do it. However, there is still a large segment of unemployed that can and just don't want to (i.e. financial, personal, professional reasons).


    My preceding statements don't cover every anecdotal circumstance, but I feel that many people have become inflexible with their career choices. I don't know if it's because they were used to a certain lifestyle or they feel their position has greater value than the market will bear. Either way, if something isn't working for any individual they should probably start looking at other options.
    15 Aug 2013, 05:38 PM Reply Like
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