Applications for US unemployment benefits dip

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  • worf Mcallen, TX
    June 27, 2014 9:51 a.m.

    Will someone please, provide a list of improvements to the economy, over the past six years.

  • Hamath Omaha, NE
    June 27, 2014 6:02 a.m.

    @ Pagan,

    The dow doesn't alone is not a trustworthy number. It is a nice piece of the puzzle, but only a small piece. I think the economy is improving steadily and hope it continues to do so. But if you want to make an argument against those who say it's not improving, you need to show that multiple indicators have show improvement. GDP would be up. Consumer attitudes. # of people on welfare would be down. # of long term unemployed would be down (I think this is true thankfully!), # employed in non-29 hour a week jobs would be up, etc. Otherwise it's just too porous an argument to convince anyone. Nor should it. Dow can be up and it might only really influence the wealthier portion of society.

  • Pagan Salt Lake City, UT
    June 26, 2014 11:15 a.m.

    The dow has hit 15,000 & 16000 previously.

    New records.

    But hey, let's keep saying the economy is 'worse off' since Obama took over.

    Because when Bush left office, they called it the 'Financial Meltdown'.

  • Brio Alpine, UT
    June 26, 2014 10:43 a.m.

    This short term number dip doesn't necessarily mean that companies are hiring. It could just mean more people are reaching their maximum time for receiving unemployment benefits, but are still jobless... especially since there was a 4 week average rise in unemployment benefit payments.

    That, combined with the fact the economy dropped at it's worst annual rate since Obama took office could be one of the reasons the DOW lost over 100 points within the first hour of trading this morning.
    As has been pointed out numerous times by multiple sources, this continues to be the worst recession recovery in national history.