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Jobs Picture Grows Worse as Weekly Claims Post Jump
cnbc.com ^ | June 23, 2011

Posted on 06/23/2011 6:23:17 AM PDT by ilovesarah2012

New U.S. claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May.

Initial claims for state unemployment benefits climbed 9,000 to a seasonally adjusted 429,000, the Labor Department said. The prior week's figure was revised up to 420,000.

Economists polled by Reuters had forecast claims to edge up to 415,000 from a previously reported count of 414,000.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: obamadepression; recovery; unemployment; unexpected
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1 posted on 06/23/2011 6:23:20 AM PDT by ilovesarah2012
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To: ilovesarah2012

THis is truly awful!


2 posted on 06/23/2011 6:27:24 AM PDT by GoCards (RUN SARAH RUN)
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To: ilovesarah2012

Am I seeing a commonality among this morning’s joblessness reports?

Both Reuters and this story omit the number [429,000] from their headlines. The Reuters article even buries it in the 2nd paragraph.

Are they so embarrassed with the numbers that they can’t even bring themselves to headline them?


3 posted on 06/23/2011 6:27:48 AM PDT by TomGuy
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To: ilovesarah2012

Unexpected Thursday
(Pleasant Valley Sunday - with apologies to Gerry Goffin, Carole King and the Monkees)

The White House Press Corps down the hall
Is trying hard to learn their song…
Serenade the weak kneed Gibbs, who just came out to make them yawn…

Another Unexpected Thursday!
Spilled Oil burning everywhere!
Rows of houses they’re all foreclosed
And no one seems to care…

See Mrs. O, she’s proud today because her roses are in bloom!
Mr. O he’s so serene, He’s on TV in every room!

Another Unexpected Thursday!
Here in Unemployment Land!
The Press complains about how high it is
And the people just don’t understand…

Creature comfort goals
They only numb my soul and make it hard for me to see
My thoughts all seem to stray, to places far away
I need a change of scenery

Ta Ta Ta...

Another Unexpected Thursday
Spilled Oil burning everywhere!
Another Unexpected Thursday
Here in Unemployment land

Another Unexpected Thursday...


4 posted on 06/23/2011 6:28:14 AM PDT by Red Badger (Nothing is a 'right' if someone has to give it to you................)
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To: GoCards; TomGuy; ilovesarah2012
The prior week's figure was revised up to 420,000.

as expected..............

5 posted on 06/23/2011 6:29:17 AM PDT by Red Badger (Nothing is a 'right' if someone has to give it to you................)
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To: ilovesarah2012

Unexpected!

(yeah, right)

I think it’s past time we recognize we’re in Great Depression II. The major bear market rally looks to be falling apart...there’s a significant risk of the DJIA falling below $5000.


6 posted on 06/23/2011 6:31:04 AM PDT by PreciousLiberty
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To: ilovesarah2012

What they can’t report is that due to 0s successful
energy policies consumers are spending more on gas and
electricity and have less to spend on consumer goods.
With 60% of the US economy dependent on consumer spending
this translates to layoffs and staff reductions.


7 posted on 06/23/2011 6:33:50 AM PDT by updatedscreenname
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To: GoCards

Eliminate the income and corp. tax = jobs for everyone! Fairtax can do the job! Get it done you idiots in Congress...good grief.


8 posted on 06/23/2011 6:36:14 AM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo with laughter")
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To: ilovesarah2012
Meanwhile......

Headlines, November 7, 2012:

"Barack Hussein Obama, lost to .....(fill in the blank, though I'd like to hope it was Sarah Palin) by a much wider margin....THEN EXPECTED..."

He who laughs last.....will be us who will be responsible for helping kick his sorry, Fascist, Neo-Commie, ass out, in spite of his having been aided and abetted by this sycophant butt-buddies in the State-Run Media.

9 posted on 06/23/2011 6:36:22 AM PDT by Conservative Vermont Vet (l)
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To: TomGuy
Are they so embarrassed with the numbers that they can’t even bring themselves to headline them?

Either that or they don't have anyone left who can count that high ;-)

10 posted on 06/23/2011 6:37:18 AM PDT by varon (Allegiance to the Constitution, always. Allegiance to a party, never!)
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To: fabian
more than expected

DRINK!

11 posted on 06/23/2011 6:37:30 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: ilovesarah2012; All

Anyone know why the SSA is buying ammo?

Title: SSA - Ammunition
Reference Number: SSA-RFQ-11-1465
NAICS Code: 332992
Response Due Date: 6/27/2011 5:00:00 PM ET

Use the following link to view this opportunity:

https://www.fedconnect.net/fedconnect?doc=SSA-RFQ-11-1465&agency=SSA

If you wish to continue to be notified about this opportunity, please be sure to Register. If someone else in your company has already registered your company’s interest, add yourself to the Response Team by clicking Join.

This message is sent to you as a courtesy because you listed SSA in your FedConnect user profile. If you wish to be removed from future emails about this agency, please update your user profile at https://www.fedconnect.net/fedconnect

Please do not reply to this email. Your reply will not be received at this email address.
If you wish to contact FedConnect, the On-line Marketplace for Federal Opportunities, email us at support@fedconnect.net and we will respond to your inquiry promptly.

This service is provided for convenience only and does not serve as a guarantee of notification. Your use of the FedConnect service is subject to the terms and conditions set forth in the document titled “FedConnect Terms and Conditions of Use” which was agreed to as a precursor to your receiving this email notification.


12 posted on 06/23/2011 6:39:05 AM PDT by edcoil (What? Me worry.)
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To: Conservative Vermont Vet

That makes me smile!


13 posted on 06/23/2011 6:39:30 AM PDT by ilovesarah2012
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To: ilovesarah2012

What is worse, is that this number is almost certain to be revised upwards.


14 posted on 06/23/2011 6:41:55 AM PDT by jps098
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To: ilovesarah2012

You would think with all these months and weeks of “unexpected” it would be come “expected”.

Every one drink!


15 posted on 06/23/2011 6:41:55 AM PDT by Perdogg (0bama got 0sama?? Really, was 0sama on the golf course?)
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To: ilovesarah2012

how UNEXPECTED!!!

and here’s the money quote I always scan the article for

“The prior week’s figure was revised up to 420,000”

SHAZAM!!!!


16 posted on 06/23/2011 6:43:34 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: ilovesarah2012

I’d like to be the first to say it:

Bush’s Fault

Barrack Obama in OCT 31:

The economy was worse THAN EXPECTED when I WON in 2008. I need another term to correct the mistakes of 2001-2008.


17 posted on 06/23/2011 6:46:59 AM PDT by Le Chien Rouge
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To: ilovesarah2012

Sun unexpectedly rises in the east.


18 posted on 06/23/2011 6:49:03 AM PDT by ConservaTexan (February 6, 1911)
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To: ilovesarah2012
Someone need to tell the Democrats and the Obama people that John Maynard Keynes is dead.
19 posted on 06/23/2011 6:49:46 AM PDT by truthguy (Good intentions are not enough.)
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To: ilovesarah2012

Bringing a few of the boys home from Afghanistan ain’t gonna help you with this one, Barry.


20 posted on 06/23/2011 6:50:45 AM PDT by Buckeye McFrog
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