Posted on 08/23/2012 6:06:15 AM PDT by xzins
E-MAIL SHARE FONT-SIZE 8/23/2012 8:37 AM ET (RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly showed a modest increase in the week ended August 18th, according to a report released by the Labor Department on Thursday.
The report showed that initial jobless claims edged up to 372,000 from the previous week's revised figure of 368,000. The modest increase came as a surprise to economists, who had expected jobless claims to slip to 365,000 from the 366,000 originally reported for the previous week.
Additionally, the Labor Department said the less volatile four-week moving average crept up to 368,000 from the previous week's revised average of 364,250.
by RTT Staff Writer
Cutter: Obama Has Created More Jobs Than the Reagan Recovery
http://www.realclearpolitics.com/video/2012/08/22/cutter_obama_has_created_more_jobs_than_the_reagan_recovery.html
Hopefully this isn’t a cause for more easing by the fed. They seem to have a hair trigger. You hear me Fed? Stay off the crack!
If, every time the word “unexpectedly” was used when describing the “rise in jobless claims”, everyone in the country were expected to drink a shot, we’d be one wasted nation right about now.
Seriously, isn’t that MEME becoming tired by now, even for the MSM?
Just a “modest” increase. They’ll have to resurrect the old “GOP in White House” style book for after January 20, 2013.
Democrats have trillion+ dollar deficits cause they can't do math.
372,000/wk = ~1,500,000/mo.
I am so shocked ... didn’t see this coming!
When it goes up, it’s unexpected.
When it goes down, it’s unexpected.
When it stays the same, it’s unexpected.
These ‘econo-misseds’ never expect to get it right, I suppose...........
I just read someplace — gotta find it — that at some meeting they indicate they will do another QE.
A Republican president would have been hounded from office more than a year ago with this economic record.
Near term: don’t spend ten cents on ANYTHING that you don’t need until the end of October. Every retail sale of ANY item is just another vote for Obama.
For the past three years they've been using the same old tired terms to try to put a positive spin on a never ending stream of bad economic news: healing, recovery, modest improvement, postive trend, momentum, etc. It's all window dressing for their guy in the White Hut.
I've got too many friends either own small businesses, including stores, or work for them.
However, I don't think a bad economy needs anything more to remain bad than Obama's promise to let the Bush tax cuts expire.
We have a new Qualifier too.....’modestly increased’.
So sick of the media in this country.
“clueless voters had elected a Marxist as president”
Man....I hate being right all time (only joking). But......I am right about this, as gasoline prices rise, unemployment goes up. That is the way Obama continues to destroy the USA economy and new job increases. That any sane American can vote for this America hater, Obama is far beyond me!!!
“unexpectedly”?
These gub mint projectors are worse than the weather man.
“Aw Jeez, where’s my pic of Jack Carson.”
If you are referring to the pix of the guy with his head in his hand saying “Jeez, not this **** again”, I don’t think that is Jack Carson. I have been trying to figure just who it is though.
I just spent $300 repairing my dryer and I bought some Romney/Ryan window stickers, is that allowed? ;o)
Oh, wait, that was last summer. This was supposed to be “Recovery Summer II: Electric Boogaloo”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.