August 6, 2015

Initial Unemployment Claims (080615): 270K SA, Raw Claims (225K) Very Low

Filed under: Economy,Taxes & Government — Tom @ 8:37 am

From the Department of Labor:


In the week ending August 1, the advance figure for seasonally adjusted initial claims was 270,000, an increase of 3,000 from the previous week’s unrevised level of 267,000. The 4-week moving average was 268,250, a decrease of 6,500 from the previous week’s unrevised average of 274,750.


The advance number of actual initial claims under state programs, unadjusted, totaled 225,090 in the week ending August 1, a decrease of 5,133 (or -2.2 percent) from the previous week. The seasonal factors had expected a decrease of 7,745 (or -3.4 percent) from the previous week. There were 247,877 initial claims in the comparable week in 2014.

The level of raw claims has been low enough to cover pretty demanding seasonal adjustment factors.

This report has been consistently strong for several weeks, and will stay that way if raw claims remain as low as what we saw today.

Thursday Off-Topic (Moderated) Open Thread (080615)

Filed under: Lucid Links — Tom @ 6:05 am

This open thread is meant for commenters to post on items either briefly noted below (if any) or otherwise not covered at this blog. Rules are here.


Blonde Gator’s Hillary Clinton Gaffe Count is up to nearly three dozen in under 4 months, accompanied by a dozen blasts from the past.

Positivity: Think the human person is nothing special? Think again, says archbishop

Filed under: Positivity — Tom @ 6:00 am

From Kansas City, Kansas:

Aug 5, 2015 / 06:02 am

Too many social trends treat the human person as nothing sacred, but Catholic pro-life efforts are part of an effort to change that, Los Angeles’ Archbishop Jose Gomez said last Wednesday.

“Everything we do is rooted in the truth of the Gospel. The beautiful truth that every human life matters — because every human life is sacred and created by the loving plan of God,” the archbishop said in his keynote speech at the National Diocesan Pro-Life Leadership Conference in Kansas City, Kansas.

“We are living in a culture that is deeply confused and conflicted about the meaning of creation and the meaning of human life,” he said July 29. “And so we find ourselves more and more indifferent to the cruelty and injustice that we see all around us.”

He noted such grave crimes against human life as widespread abortion, experimentation with human embryos, and the euthanasia of the elderly and the sick.

“In a society without God, the human person becomes ‘nothing special,’ nothing sacred. The value of a human life is judged according to whether it is ‘productive’ or ‘efficient’,” he said. “Without God we don’t know who we are, or where we come from, or what we are here for.”

However, it is not enough to criticize “the cruelty of this culture.”

“Our challenge as Christians is to change and convert this culture!” Archbishop Gomez continued. Transforming the culture means “turning it from the darkness of death to the light of life.” …

Go here for the rest of the story.

Jon Stewart’s Lowest Moment: Hiroshima Makes Truman a War Criminal

How absolutely serendipitous it is that alleged comedian and actual White House-trained propagandist Jon Stewart’s last broadcast of The Daily Show is today, August 6, the 70th anniversary of the atomic bombing of Hiroshima, Japan.

You see, Stewart, whose influence is especially nefarious when he is revising and distorting history for his relatively young audience, committed his most outrageous such act when, in a 2009 interview with Cliff May, he agreed that U.S. President Harry S. Truman should be considered a “war criminal” for approving that horrific but necessary bombing mission.