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Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.

The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small drop. Claims have risen twice in the past three weeks.

"The very unyielding flow of layoffs now clearly evident discourages any thought that employers are more comfortable with the size of their staffs," Pierre Ellis, an economist at Decision Economics, wrote in a note to clients.

Americans are spending cautiously as they save more and pay down debt. Home sales and construction have slumped after a popular homebuyers' tax credit expired on April 30. The impact of the federal government's stimulus efforts is fading.

ASUG8 wrote:What's your problem, Z? I mean, they took a census and I'm getting my section of I-85 commute repaved. What more could you want?

AZGrizFan wrote:

ASUG8 wrote:What's your problem, Z? I mean, they took a census and I'm getting my section of I-85 commute repaved. What more could you want?

I'm a big fat hairy pussy, that's my problem.

Appaholic wrote:

AZGrizFan wrote:
I'm a big fat hairy pussy, that's my problem.

Try sailing....I hear it builds character....

grizzaholic wrote:

Appaholic wrote:
Try sailing....I hear it builds character....

I would go sailing in the North Sea. I hear it is an amazing place. I tried to find it on a map and I couldn't. I think it may be near Zaire or maybe Mozambique.

OL FU wrote:The Summer of Recovery is here

Appaholic wrote:

grizzaholic wrote:
I would go sailing in the North Sea. I hear it is an amazing place. I tried to find it on a map and I couldn't. I think it may be near Zaire or maybe Mozambique.

Somalia....where apparantly you can get butt-raped for weeks.....sounds like 1st semester at el cid from what citdog has told me....

AZGrizFan wrote:http://www.foxnews.com/politics/2010/08 ... latestnews

Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.

The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small drop. Claims have risen twice in the past three weeks.

"The very unyielding flow of layoffs now clearly evident discourages any thought that employers are more comfortable with the size of their staffs," Pierre Ellis, an economist at Decision Economics, wrote in a note to clients.

Americans are spending cautiously as they save more and pay down debt. Home sales and construction have slumped after a popular homebuyers' tax credit expired on April 30. The impact of the federal government's stimulus efforts is fading.

houndawg wrote:

AZGrizFan wrote:http://www.foxnews.com/politics/2010/08 ... latestnews

I think it's a good thing that Americans are spending more cautiously as they save and pay down debt. Should have been doing it a loooong time ago.

AZGrizFan wrote:

Appaholic wrote:
Somalia....where apparantly you can get butt-raped for weeks.....sounds like 1st semester at el cid from what citdog has told me....

Wow. That escalated quickly!

AZGrizFan wrote:

houndawg wrote:

I think it's a good thing that Americans are spending more cautiously as they save and pay down debt. Should have been doing it a loooong time ago.

Oh, it's a great thing. Only one problem: Our entire economy is based on consumption.

grizzaholic wrote:

AZGrizFan wrote:
Wow. That escalated quickly!

houndawg wrote:

AZGrizFan wrote:
Oh, it's a great thing. Only one problem: Our entire economy is based on consumption.

Not my problem.

Just noticed your a fan of Sexual Chocolate. Loved Cephus and Reesie.

AZGrizFan wrote:

houndawg wrote:

Not my problem.

Just noticed your a fan of Sexual Chocolate. Loved Cephus and Reesie.

who's that?

Appaholic wrote:

grizzaholic wrote:
I would go sailing in the North Sea. I hear it is an amazing place. I tried to find it on a map and I couldn't. I think it may be near Zaire or maybe Mozambique.

Somalia....where apparantly you can get butt-raped for weeks.....sounds like 1st semester at el cid from what citdog has told me....

U.S. To Train 3,000 Offshore IT Workers
Despite President Obama's pledge to retain more hi-tech jobs in the U.S., a federal agency run by a hand-picked Obama appointee has launched a $22 million program to train workers, including 3,000 specialists in IT and related functions, in South Asia.

Following their training, the tech workers will be placed with outsourcing vendors in the region that provide offshore IT and business services to American companies looking to take advantage of the Asian subcontinent's low labor costs...

The outsourcing program (is) sure to draw the most fire from critics. While Obama acknowledged that occupations such as garment making don't add much value to the U.S. economy, he argued relentlessly during his presidential run that lawmakers needed to do more to keep hi-tech jobs in IT, biological sciences, and green energy in the country.

houndawg wrote:The difference - in Boone it's consensual.

ASUG8 wrote:What's your problem, Z? I mean, they took a census and I'm getting my section of I-85 commute repaved. What more could you want?

BlueHen86 wrote:

ASUG8 wrote:What's your problem, Z? I mean, they took a census and I'm getting my section of I-85 commute repaved. What more could you want?

Since they take the census every 10 years, I wouldn't count it as part of the stimulus.

It's nice to get roads repaved, but I'd rather see the money spent on bridge repair. I don't know if that is happening or not, I haven't seen it.