Thursday, February 25, 2010

JOBLESS CLAIMS RISE: Media Spins News By Using 'Initial' Jobless Claims...

The AP gets to use its favorite adverb again, and this time it’s even more ridiculous when reading the spin on the latest unemployment news. Initial jobless claims rose again last week, and as the AP explains, it probably comes in part with the massive snowstorm that blanketed the mid-Atlantic region. But if that’s the case, then why would they describe it with the word “unexpectedly” (via HA reader DogSoldier and JWF) ?

The number of new claims for unemployment benefits jumped unexpectedly last week as heavy snows caused layoffs to rise.

In addition, many state agencies in the mid-Atlantic and New England regions that process the claims were closed due to the storms and are now clearing out backlogs, a Labor Department analyst said.

The department said Thursday that first-time claims for unemployment insurance rose by 22,000 to a seasonally adjusted 496,000. Wall Street analysts polled by Thomson Reuters expected a drop to 455,000.

Bad weather can cause job losses in construction and other industries sensitive to weather. READ MORE...


  1. And sadly under this malignant turd things will get much worse---this is the hidden photographic print of Obama's model for destroying our country-----massive unemployment---

    It's a race aganist time-------and who gets to the finish line first will determine who the winner is----
    Will the malignant turd in fact destroy the organic condition of our nation---or-------do the "RIGHT" politicians and the rising American patriots bring him down by any means possible before he completes his insidious mission---time will tell---
    I'm betting big on the American people----

  2. Report by the nonpartisan Peterson-Pew on Budget reform-------
    Drowning in Debt: What the nation's woes mean for you.
    Econmomists predict more layoffs, tax increases (that aren't even imaginable) by Devin Dwyer.
    American political and economic leaders not connected with the Obama administration have sounded the alarm for years about the "red ink" rising in reports on the federal government's fiscal health.
    But now the problem of mounting national debt is worse then it ever has been before with---potentially dire consequences for taxpayers.

    The future is bleak as long as the progressive commies are in power---it's up to the American people to make sure that their days are numbered.

  3. The Obama administration's plan to cut more than $1 trillion form the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for the middle-class families.

    In the 2010 budget tabed by President Barrrrrrrrack Obama on Feb 1, the White House wants to let billions of dollars in tax breaks expire by the end of the year---effectively a tax hike by stealth----the maligant turd has only one thing in store for the future of this country, collapse it and replace it with a socialist brand--------it's up to us to stop this Marxist-turd----------