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links for 2010-08-12
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The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
It's a sign that hiring remains weak and employers may be going back to cutting their staffs. Analysts say the increase suggests companies won't be adding enough workers in August to lower the 9.5 percent unemployment rate.
First-time claims for jobless benefits edged up by 2,000 to a seasonally adjusted 484,000, the Labor Department said Thursday. That's the highest total since February. Analysts had expected claims to fall.
Initial claims have now risen in three of the last four weeks and are close to their high point for the year of 490,000, reached in late January. The four-week average, which smooths volatility, soared by 14,250 to 473,500, also the highest since late February.
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Obamanomics = failure -
State Controller John Chiang said Tuesday that without a state budget, California's government would be unable to pay its bills in late August (or maybe early September). That means issuing IOUs to some people. Possible dates for IOUs could be either Aug. 27 or Aug. 31, when big payments to schools are due, according to this schedule on the controller's website.
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What a mistake Arnold Schwarzenegger has been as governor.
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Day By Day August 12, 2010 – Emperors Rule
Well, when you put it THAT way anyone will listen, no?I am glad to see that Chris Muir’s Day By Day fundraising drive has surpassed last year’s level. If you haven’t yet, go here and send Chris some $$$ for his excellent work.
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@Flap Twitter Updates for 2010-08-12
- Florida Attorney General Bill McCollum proposes tougher illegal immigrant curbs – one step further than Arizona http://icio.us/a2h0al #
- Chicago Shocker: Rod Blagojevich Jury Deadlocked on Some Counts #tcot http://icio.us/d5j5ed #
- The Truths We Dare Not Speak About Illegal Immigration #tcot http://icio.us/eza13z #
- Iran Nuclear Watch: The Point of No Return #tcot http://icio.us/chkoqg #
- NV-Sen: Harry Reid Plays Hispanic Race Card – Puts Foot in Mouth Again http://bit.ly/caEJCg #tcot #catcot #
- Good Wednesday morning everyone from Las Vegas, Nevada. Late night poker = more sickness, fever and sore throat. Yuk. Home tomorrow #
- Day By Day August 11, 2010 – Karma Chameleon http://bit.ly/cpNZfl #tcot #catcot #
- @Flap Twitter Updates for 2010-08-11 http://bit.ly/cI3EPD #tcot #catcot #
- Links for 2010-08-10 [del.icio.us] http://bit.ly/9iKQ8U #tcot #catcot #
- links for 2010-08-10 http://bit.ly/cQ7BV1 #tcot #catcot #
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