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Unemployment numbers16678


               
2009 Aug 14, 3:41am   26,893 views  104 comments

by pinnacle   follow (0)  

Does anyone understand how the unemployment numbers are being calculated?

I keep reading “weekly intial unemployment claims” reports with about 500,000 people filing

claims, yet the “monthly unemployment”  numbers are only around 250,000  to 600,000.

Wouldn't 500,000 “new claims” per week translate to about 2,000,000  job losses per month?

What am I missing here?

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101   pkennedy   2010 May 21, 6:56am  

Construction isn't just about building a building. It's about renovating your restaurant. It's about adding space into a place you're currently in. What retailer is going to shut down during boom times to build, needing to pay higher costs for building due to demand and lose sales when things are going gang busters? They wait for a lull in the economy then build out, unless they absolutely have to build out. Like a business just takes off and not expanding will cost them far more than waiting.

102   thomas.wong1986   2010 May 21, 7:06am  

Does Macy's make the renovations at Valley Fair or does Westfield Group?

103   tatupu70   2010 May 21, 8:05am  

thomas.wong1986 says

Does Macy’s make the renovations at Valley Fair or does Westfield Group?

Does Dupont lease their chemical plant?

104   pkennedy   2010 May 21, 8:34am  

Is the westfield group going to make renovations when they're fully rented out, or when there is slack time?

Macys would be in charge of renovating internally for sure, and would they shut down their stores during the christmas rush to do this? No. How about a good strong year? no...

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