Comments about ‘US unemployment aid applications fall to 340K’

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Published: Thursday, May 23 2013 7:14 a.m. MDT

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HS Fan
Salt Lake City, UT

The Romney recovery is picking up speed.

Badger55
Nibley, Ut

If jobs are picking up, why isn't the labor participation rate picking up? You can't have solid job gains and a declining participation rate. People are just exhausting their UE benefits, that is all. People who are part time employed due to economic reasons(hours cut or cannot find full-time employment) increased in April by 278K, to 7.9 Million. There are still nearly 8 Million people that can't get full time employment because of the economy. 2.3 Million people were only marginally attached to the labor force( those that want to work, but cannot find a job). That is unchanged from a year ago. Among those marginally attached, nearly 1 million people are discouraged and believe that there is no work for them. Almost unchanged from a year ago. There is not much speed being picked up that is for sure.

10CC
Bountiful, UT

Badger55:

Many of the good paying jobs lost in the Great Recession aren't coming back. Baby boomers are realizing that, and that it's extraordinarily difficult to get a lot of jobs they're qualified for because of their age, and so they're pooling resources, moving in with family or friends, and have accepted that the future does not include going back to previous prosperity.

There's no point in fighting for something that no longer exists.

The Atlantic magazine ran a story about employment in the retail sales sector, which has been the largest employer for that past 50 or 60 years. Employment in that part of the economy is dropping, as well. Walmart has fewer employees than it did, yet has opened more stores. Online shopping is eliminating the need for retail employees, even if customers ultimately go to the store to pick up their merchandise. The shopping aspect is done online, less need for attentive sales people to help people decide what to get.

We hear that "freedom isn't free".

Well, "creative destruction" - the euphemism conservatives use to describe economic turmoil - isn't free, either.

UtahVET1
Sandy, Utah

Once all the people affected by the sequestration lose their jobs then the unemployment rate will triple.

Joan Watson
TWIN FALLS, ID

Those desperately seeking work are making do with what is offered to them - part time work, minimum wage, no benefits such as medical insurance or retirement benefits.

Phranc
SALT LAKE CITY, UT

no, no, no the economy is not getting better, I dont care how high the stock market goes or how low the unemployment drops. I stomp my feet in your general direction.

lost in DC
West Jordan, UT

I guess when you've used up all you unemployment insurance, what's the point in appllying for more?

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