U.S. jobless claims jump to 2-month high

Market Watch ^ | 7/11/13 | Jeffry Bartash

[Nachum]

WASHINGTON— The number of people who applied for unemployment benefits in the first week of July jumped to the highest level in two months, but the increase may reflect temporary changes in summer employment patterns in large industries such as autos and education. Initial jobless claims rose by 16,000 to a seasonally adjusted 360,000 in the week ended July 6, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims — a proxy for layoffs — to rise to 349,000 in the week ended July 6 from a slightly revised 344,000 in the prior week.

[sappy]

unexpected

[ChiMark]

unexpected?

[Georgia Girl 2]

But, but I thought things were getting better? Housing sales are booming right? right? :-0

[b4its2late]

Totally....

[Buckeye McFrog]

The bean counters all saw this coming.
Hence the delay of the employer mandate.

[Iron Munro]

Welcome to Obamazarro World:

Bad is Good
Good is Bad

Up is Down
Down is up

More is less
Less is more

More unemployed is good
Less unemployed is bad

[Nachum]

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[stephenjohnbanker]

” http://www.nachumlist.com/";

Unexpected?

: )

[EQAndyBuzz]

Unexpected?

[Nachum]

Unexpected? : )

Oh absolutely. I am shocked.

[stephenjohnbanker]

LOL!

[yobid]

My last day working is next Friday. First time laid off in 32 years.

[MotorCityBuck]

Unemployment rate drops to 5%!! News @ 6:00. Stay tuned.

[Eagles6]

Obungo and his EPA are closing 2 coal fired plants here. 400 direct jobs. Will affect thousands here in SW PA. Despite obama winning PA he didn’t win rural areas. I guess we’re being punished.

[sappy]

I’m sorry to hear that. That IS unexpected. Godspeed on a new position.

[Nowhere Man]

Well the Count Barackula Depression continues.......

.... and the band played on...... (with apologies to the Temptations "Ball of Confusion" (1970))

[Digger]

This is great news - DOW now up 166 points. Whats wrong with you people (sarc)

[Nowhere Man]

Obungo and his EPA are closing 2 coal fired plants here. 400 direct jobs. Will affect thousands here in SW PA. Despite obama winning PA he didn’t win rural areas. I guess we’re being punished.

Yeah, in Greene and Washington Counties. I'm in the Pittsburgh area too. BTW, I hope we survive to 2016.

[Nowhere Man]

Welcome to Htrae, "Bizzaro" (er "Obongo") "World." B-P