Jobless claims rise for second straight week

AP ^ | 04/15/2010 | JEANNINE AVERSA

[Phlap]

WASHINGTON (AP) - The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the economic recovery gains traction.

The Labor Department reported Thursday that first-time requests for jobless benefits rose by 24,000 last week to a seasonally adjusted 484,000, the highest level since late February. Economists were predicting claims would fall.

[Phlap]

Still, a government analyst cautioned that the figures were clouded by seasonal adjustment difficulties related to the Easter holiday.

Ya right.

[central_va]

Unexpected

[Phlap]

We are going down the drain seasonaly adjusted.

[Daisyjane69]

I sure didn’t expect this.

/s

[screaminsunshine]

I have not heard the “unexpected” yet.

[MNJohnnie]

Opps, maybe a bit premature for the 0bama regime to have sent so much time claiming credit for the “recovery”.

Going to be hard to go back to claiming “it’s all Bush’s fault” now

[sofaman]

Flabbergasted! Shocked, I tell you! SHOCKED!

[Red Badger]

Economists were predicting claims would fall.

They need to be unemployed..................

[Red Badger]

I'm shocked!!!

[Reagan69]

Not to worry. Soros and BO will be certain to have the market rise today.

[Red Badger]

Going to be hard to go back to claiming “it’s all Bush’s fault” now

You misunderestimate the gullibility and stupidity of a leftist............

[Common Sense 101]

How long before the MSM propogandists release accompanying stories (i.e. lies) stating how great the economic recovery is doing?

[Red Badger]

I see a double dip in our future...................as soon as we finish with the first one..................

[screaminsunshine]

One of the Obamunist economists predicts housing will triple! Saying it will be the largest housing boom since 1946.

[Red Badger]

One of the Obamunist economists predicts housing will triple! Saying it will be the largest housing boom since 1946

He must be smoking meth-crack and weed...........

[wbill]

Still, a government analyst cautioned that the figures were clouded by seasonal adjustment difficulties related to the Easter holiday.

They said the same thing last week, too. How dumb do they think we are?

BTW, suppose that this was "unexpected"?

[screaminsunshine]

Drinking kool aid.

[Common Sense 101]

No, he just knows that the socialist-loving MSM propogandists will not examine and ridicule his/her idiotic statement, as they would for any conservative economist. Next month they repeat the lies...

[Commander X]

Well...you should have been watching CNBC yesteday afternoon. I was watching while waiting to board a flight home and they were making it sound like the Recession had truky ended and there would now be unfettered economic growth. They cited that the stock market closed @ +102 points, retail earnings from major companies were up, consumer spending rose in March, etc, etc. So, in summary, they were in full propaganda mode yesterday afternoon.

Funny... because my business colleague confided with me at lunch that her company was closing offices in two separate states and was laying-off another 60 people at their headquaters. Ironic..isn’t it?

[MNlurker]

Few more weeks of Easter cover and they can start using Memorial Day Holiday.