Seeking Alpha

Jobless Claims at 304K

  • Initial Jobless Claims: +2K to 304K vs. 312K consensus, 302K prior revised.(300K Prior).
  • Continuing claims -11K to 2.74M.
Comments (8)
  • bbro
    , contributor
    Comments (9915) | Send Message
     
    Continuing good numbers....

     

    http://bit.ly/1hP9o4s

     

    The direction tells the story....
    17 Apr 2014, 08:33 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3349) | Send Message
     
    So much for the forecast of a big revision of last week's numbers.
    17 Apr 2014, 08:35 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4067) | Send Message
     
    Obamacare delays skew the numbers as its real impact has not been felt yet.
    17 Apr 2014, 09:40 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3349) | Send Message
     
    Hmm...we'll have to wait to see whether or not Obamacare will cause the sky to fall. I know a couple working people who opted for the Obamacare rather than the very expensive company plan. Granted, I do live in an area with stiff medical competition.
    17 Apr 2014, 11:52 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4067) | Send Message
     
    Yes, but it is so hard to gauge good price vs. bad price because it varies in some form of an infinite algorithm to determine price points. Did they qualify for subsidies, or Medicaid?

     

    Obamacare depends exclusively on 18-35 year olds signing up, so if your friends are not in that demographic then they aren't helping the system at all. So far, their refusal to release numbers says it all, not enough young people are signing up which means poor and sick are signing up mainly and that will cause it to go bankrupt.
    17 Apr 2014, 12:00 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3349) | Send Message
     
    Two older women, one saved $400 a month, the other's husband retired leaving her with no healthcare. i wonder how many seniors do not retire until they can get medicare. Maybe this will actually lead more to retire opening jobs. Has me thinking about an early heave-ho.
    17 Apr 2014, 01:10 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4067) | Send Message
     
    Again, older, sicker and poorer are signing up. Where are the young'ins who are supposed to foot the bill for them?
    17 Apr 2014, 01:42 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3349) | Send Message
     
    I believe 28% are young and "healthy".
    23 Apr 2014, 11:14 AM Reply Like
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