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U.S. Weekly Jobless Claims Unexpectedly Rise To 372,000
RTT News ^ | 23 Aug 12 | Rtt Staff Writer

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


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: elections; jobless; jobs; obamanomics; recovery; unemployment; unexpected
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1 posted on 08/23/2012 6:06:25 AM PDT by xzins
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To: All

IOW, just LAST WEEK 372,000 poor souls lost jobs with NO replacement job, so they had to file for unemployment benefits.


2 posted on 08/23/2012 6:08:02 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

Aw Jeez, where’s my pic of Jack Carson.


3 posted on 08/23/2012 6:08:53 AM PDT by JohnnyP
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To: xzins
All together now...

UNEXPECTEDLY

4 posted on 08/23/2012 6:09:52 AM PDT by JRios1968 (I'm guttery and trashy, with a hint of lemon. - Laz)
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To: xzins

playing the ‘unexpected’ game, I’m gonna be drunk by noon.


5 posted on 08/23/2012 6:09:52 AM PDT by warpsmith (The Country Needs a Little R&R)
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To: xzins

Unexspec....hic. Unesphect...hic Unex...hic


6 posted on 08/23/2012 6:11:50 AM PDT by wbill
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To: xzins
"Andy, der be a whole lottah unexpecteds goin' on."

- The Kingfish

7 posted on 08/23/2012 6:12:45 AM PDT by JPG (Make it happen.)
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To: wbill

ROFLMAO....that was funny!


8 posted on 08/23/2012 6:13:17 AM PDT by astounded (Barack Obama is a clear and present danger to the USA)
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To: xzins

As expected, Bush’s fault.


9 posted on 08/23/2012 6:13:50 AM PDT by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: xzins

...have you ever seen such a surprised group of media financial guru’s....they are always surprised “unexpectedly”
when bad numbers for Odungo appear


10 posted on 08/23/2012 6:14:10 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: xzins

More Serfs for obastard.

More rot for America.

The jobs aren’t coming back without fundamental change back to some of our former principles of economy, business, trade, government and God.


11 posted on 08/23/2012 6:15:20 AM PDT by Sequoyah101 (Half the people are below average, they voted for oblabla.)
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To: warpsmith

With all the bad press the word “unexpected” has gained over the last 3 years, I was amused they had the nerve to put it in their headline!

I just HAD to post it. I couldn’t help myself. LOL.

Dear Media: Numbers going DOWN would be unexpected. Numbers going UP are the norm. Get it right or hand in your “observer of what’s happening” license!


12 posted on 08/23/2012 6:15:32 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

13 posted on 08/23/2012 6:16:48 AM PDT by smith288 (Peace at all costs gives you tyranny free of charge)
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To: xzins
Democrat President = modest increase

Republican President = EXPLODED!

Democrat President = crept up

Republican President = LEAPED!

They keep doing the same $hit week after week expecting things to improve when the boat anchor is still in the White House.

There's a definition in there, somewhere, of insanity.

14 posted on 08/23/2012 6:17:16 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
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To: xzins

I know we all sort of laugh about these reports, but there is something very unseemly, even sinister, in a Bureau of Labor Statistics that is so blatantly political.

Once upon a time, soon after AlGore invented the Internet, children in school were taught the only websites to be trusted had a “.gov” or “.edu” suffix. Now we know that, with a few exceptions (eg, NIH, CDC and others in the public health arena) we cannot trust a lot of “.gov” or “.edu” websites to provide impartial information.

I remember when the BLS was viewed as an apolitical, reliable source of information. Not any longer. The BLS has become a de facto propaganda arm of the Obama Campaign, something we here feared when the Obama White House tried to take control of the census last year.


15 posted on 08/23/2012 6:21:21 AM PDT by astounded (Barack Obama is a clear and present danger to the USA)
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To: xzins

To which the Democrats will say, it’s much better than the almost 800,000/mo. when BO took office.

Of course, they don’t explain to the uninformed that the ONLY month that unemployment was that high was Jan. ‘08, when business owners realized that the clueless voters had elected a Marxist as president, and he was taking office Jan. 21. They knew they would have a very tough time with Leftists in charge, and they were right.


16 posted on 08/23/2012 6:23:20 AM PDT by txrefugee
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To: xzins
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.

Trending up .....any bets on when it gets to 400,000....

My pick....last week of October.

17 posted on 08/23/2012 6:24:11 AM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: xzins

And the deficit grew by another 1.1 Trillion dollars for the year! How Obama’s poll numbers stay as good as they are is a complete mystery. I suppose his propaganda team really is that good. Meanwhile the GOP is stepping in every bit of quicksand they can find.


18 posted on 08/23/2012 6:24:49 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: txrefugee

It must be Thursday!


19 posted on 08/23/2012 6:24:59 AM PDT by massgopguy (I owe everything to George Bailey)
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To: astounded

previous week’s revised figure of 368,000

Along with “unexpectedly” comes the usual revised figure without any mention it is UP from the official figure dispensed last week which was unexpected at that time.

One news article, AP I believe, said this shows there is an indicator of a slow employment recovery. They are wrong, it is a further piece of evidence the press is so far up the backside of this president they may as well be his naval.


20 posted on 08/23/2012 6:25:22 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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