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Jobless Claims Remain Stubbornly High
Wall Street Journal ^ | August 12, 2010 | By JEFF BATER And LUCA DI LEO

Posted on 08/12/2010 6:05:53 AM PDT by Oldeconomybuyer

The number of U.S. workers making new claims for jobless benefits unexpectedly climbed last week to the highest level in six months, adding to concerns about the economy's weakness.

Some analysts think the data are still being distorted by seasonal adjustment problems associated with annual factory shutdowns by car makers. Yet there is no denying U.S. labor conditions are poor.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: failure; jobs; obamanomics; socialism; unemployment; unexpectedly
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1 posted on 08/12/2010 6:05:56 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

“Unexpected” — DRINK!


2 posted on 08/12/2010 6:07:34 AM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: treetopsandroofs

Those darn ‘serfs’ refuse to find jobs, just to make the ‘won’ look bad..


3 posted on 08/12/2010 6:10:36 AM PDT by Bigh4u2 (Denial is the first requirement to be a liberal)
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To: Oldeconomybuyer
The number of U.S. workers making new claims for jobless benefits unexpectedly climbed last week to the highest level in six months, ...

These morons that continue to be SURPRISED by the UNEXPECTED natural consequences of failed liberal economic policies are stupider than Charlie Brown who keeps falling on his ASS every time Lucy UNEXPECTEDLY pulls the football away when he tries to kick it.

4 posted on 08/12/2010 6:10:53 AM PDT by VRWCmember
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To: treetopsandroofs

“Stubborn(ly)” DRINK.

http://www.freerepublic.com/focus/f-news/2569193/posts


5 posted on 08/12/2010 6:11:00 AM PDT by traderrob6
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To: Oldeconomybuyer

“Stubbornly” high? Like it’s a live thing making a choice?!


6 posted on 08/12/2010 6:12:18 AM PDT by DJ MacWoW (If Bam is the answer, the question was stupid.)
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To: treetopsandroofs

When the economy does the same thing unexpectedly for 15 months in a row it’s not unexpected anymore. Only in Obamaworld is the predictable considered unexpected.


7 posted on 08/12/2010 6:13:19 AM PDT by circlecity
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To: Oldeconomybuyer
Initial unemployment claims rose by 2,000 to 484,000 in the week ended Aug. 7, the Labor Department said in its weekly report Thursday. The last time claims were this high was the week ending Feb. 20.

Stubborn is the new unexpected.

8 posted on 08/12/2010 6:14:14 AM PDT by Plutarch
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To: Oldeconomybuyer

“Unexpectedly stubborn”.

(Must be that pesky Bush again!)


9 posted on 08/12/2010 6:14:30 AM PDT by PSYCHO-FREEP ( Give me Liberty, or give me an M-24A2!)
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To: Oldeconomybuyer

Will stubborn replace unexpected next week?


10 posted on 08/12/2010 6:14:45 AM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: treetopsandroofs
Some analysts think the data are still being distorted by seasonal adjustment problems...

Hysterical...considering all the contortions the real technicals are put through every week to make things look 'good' for the 'Dear Leader.'

Just look at July, the GDP numbers were contorted, er, I mean 'reported' to be 2.4%, which caused a surge in euphoria in the stock market the last few weeks in July. Then yesterday, those pesky little things we like to call 'facts' came out, and the actual GDP numbers were closer to 1.3%. Ooops, the government officials said---we do the best we can to estimate...blah, blah, blah. Yeah, not so much.

11 posted on 08/12/2010 6:15:00 AM PDT by erkyl (We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
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To: Bigh4u2
Those darn ‘serfs’ refuse to find jobs, just to make the ‘won’ look bad..

I frankly think 0bama is reveling in this. The larger dependency constituency he can create, the better -- in his diseased mind.

12 posted on 08/12/2010 6:16:23 AM PDT by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: Bigh4u2

Went Grocery shopping, when you hear people OPENLY po’d in having to get UE bene’s, you know there is trouble in River city.


13 posted on 08/12/2010 6:19:01 AM PDT by Marty62 (marty60)
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To: Bigh4u2

If they really wanted people to find jobs,
they’d discontinue unemployment extensions.

No, they LIKE the idea of people NOT being self-reliant.


14 posted on 08/12/2010 6:19:55 AM PDT by MrB (The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
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To: Plutarch

>>>Initial unemployment claims rose by 2,000 to 484,000 in the week ended Aug. 7

I’m one of those 2000... :(


15 posted on 08/12/2010 6:21:37 AM PDT by Keith in Iowa (Iowa floods, Obama vacations. He hates white people.)
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To: Oldeconomybuyer

THAT’S WACSIST!!!


16 posted on 08/12/2010 6:21:46 AM PDT by mo
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To: Oldeconomybuyer

WE SEE AND FEEL WHAT THE REGIME IS DOING TO DESTROY AMERICA... THE ECONOMY IS RESPONDING EXACTLY AS ONE WITH A BRAIN AND UNDERSTANDING OF CAPITALISM, FREE MARKETS AND OUR ECONOMY WOULD EXPECT IT TO. ONLY communists and socialists BELIEVE OTHERWISE.

LLS


17 posted on 08/12/2010 6:22:24 AM PDT by LibLieSlayer (WOLVERINES!)
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Comment #18 Removed by Moderator

Comment #19 Removed by Moderator

To: Oldeconomybuyer

How can it both “REMAIN” high and yet “Rise unexpectedly to a 6 month high”?

Headline seems whacked.


20 posted on 08/12/2010 6:23:04 AM PDT by icwhatudo ("laws requiring compulsory abortion could be sustained under the existing Constitution"Obama Adviser)
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