The Recovery Summer

http://deathby1000papercuts.com/

Jobless claims rise above expectations

(Reuters) – The number of Americans filing new claims for unemployment benefits rose more than expected last week, pointing to a labor market that is struggling to regain momentum.
Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 418,000, the Labor Department said on Thursday.

Economists polled by Reuters had forecast claims rising to 410,000 from a previously reported 405,000.

http://www.reuters.com/

Adding one more person (in particular) to the unemployment roles could benefit millions.

About Tony Heller

Just having fun
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7 Responses to The Recovery Summer

  1. See, there! They managed to avoid the word “unexpected”. It’s like we’re already free of those horrible 5% unemployment rates during the Evilbushyears.

  2. Amino Acids in Meteorites says:

    “rose more than expected”

    Who are these people making these expectations that are always wrong?

  3. Traitor in Chief says:

    That’s another 400,000 unemployment checks we can send out to “create Jobs”. It’s true because Nancy says so:

    http://www.youtube.com/watch?v=oE-z38pXUAo

  4. gator69 says:

    Maybe we should get the Labor Department and GISS together, and have them switch charts.

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