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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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To: xzins

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


21 posted on 08/23/2012 6:25:24 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: xzins

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!


22 posted on 08/23/2012 6:25:45 AM PDT by Ravi
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To: xzins

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?


23 posted on 08/23/2012 6:26:18 AM PDT by FourtySeven (47)
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To: xzins

Just a “modest” increase. They’ll have to resurrect the old “GOP in White House” style book for after January 20, 2013.


24 posted on 08/23/2012 6:30:28 AM PDT by John W (Viva Cristo Rey!)
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To: txrefugee
800,000/mo.

Democrats have trillion+ dollar deficits cause they can't do math.

372,000/wk = ~1,500,000/mo.

25 posted on 08/23/2012 6:32:52 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

I am so shocked ... didn’t see this coming!


26 posted on 08/23/2012 6:33:22 AM PDT by chickpundit
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To: xzins

27 posted on 08/23/2012 6:34:52 AM PDT by Miss Behave (All ways, always.)
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To: JRios1968

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...........


28 posted on 08/23/2012 6:35:54 AM PDT by Red Badger (Anyone who thinks wisdom comes with age is either too young or too stupid to know the difference....)
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To: Ravi

I just read someplace — gotta find it — that at some meeting they indicate they will do another QE.


29 posted on 08/23/2012 6:36:39 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: John W

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.


30 posted on 08/23/2012 6:38:07 AM PDT by mwl8787
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To: xzins
Yahoo headline is that "Jobless claims rise as labor market HEALS slowly".

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.

31 posted on 08/23/2012 6:41:21 AM PDT by Starboard
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To: mwl8787
don't spend ten cents

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.

32 posted on 08/23/2012 6:41:34 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: JRios1968

We have a new Qualifier too.....’modestly increased’.

So sick of the media in this country.


33 posted on 08/23/2012 6:42:53 AM PDT by penelopesire (TIME FOR A SPECIAL PROSECUTOR!)
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To: txrefugee

“clueless voters had elected a Marxist as president”


That is a FACT! And the gullible voters are clueless largely due to a mendacious and corrupt media that is nothing more than as PR apparatus for liberals.


34 posted on 08/23/2012 6:46:34 AM PDT by Starboard
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To: xzins

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!!!


35 posted on 08/23/2012 6:50:33 AM PDT by JLAGRAYFOX ( My only objective is defeat and destroy Obama & his Democrat Party, politically!!!)
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To: xzins
UNEXPECTEDLY...... AGAIN!
36 posted on 08/23/2012 6:51:31 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: xzins

“unexpectedly”?
These gub mint projectors are worse than the weather man.


37 posted on 08/23/2012 6:57:01 AM PDT by Joe Boucher ((FUBO) Hey Mitt, F-you too pal)
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To: JohnnyP

“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.


38 posted on 08/23/2012 6:58:30 AM PDT by chooseascreennamepat (You can't pick up a turd by the clean end!)
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To: mwl8787
"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."

I just spent $300 repairing my dryer and I bought some Romney/Ryan window stickers, is that allowed? ;o)

39 posted on 08/23/2012 7:00:36 AM PDT by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: xzins
I thought this was “Recovery Summer”?

Oh, wait, that was last summer. This was supposed to be “Recovery Summer II: Electric Boogaloo”.

40 posted on 08/23/2012 7:02:34 AM PDT by South Hawthorne (In Memory of my dear Friend Henry Lee II)
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To: Liberty Valance
How Obama’s poll numbers stay as good as they are is a complete mystery. I suppose his propaganda team really is that good

Why would anyone think the polls showing him ahead or close are any more legitimate than these BLS numbers?

41 posted on 08/23/2012 7:02:34 AM PDT by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: N. Theknow

Great points!

Where are the reporters pointing out the hourly rise in the cost of gas...oh right, there’s a RAT in office. That “reporting” only occurs when a GOP is POTUS.


42 posted on 08/23/2012 7:06:42 AM PDT by GOPsterinMA (The Glove don't fit.)
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To: astounded

:-)


43 posted on 08/23/2012 7:10:59 AM PDT by wbill
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To: GOPsterinMA
Where are the reporters pointing out the hourly rise in the cost of gas...oh right, there’s a RAT in office. That “reporting” only occurs when a GOP is POTUS.

Just wait until Romney/Ryan win and watch the sudden re-emergence of...THE HOMELESS AT THANKSGIVING!

And speaking of bias....ever notice the news reports of a shooting always picture a gun in the corner of the screen but if there is a stabbing they never picture a knife?

44 posted on 08/23/2012 7:15:59 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

Unexpectedly? That’s unprecedented!


45 posted on 08/23/2012 7:21:04 AM PDT by Redcloak (Mitt Romney: Puttin' the "Country club" back in "Republican".)
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To: Liberty Valance
How Obama’s poll numbers stay as good as they are is a complete mystery.

Try watching the news on ABC/CBS/NBC/PBS and your question will be answered. The ability of the media to "shape the news" is still very strong. The difference between Drudge and my local liberal newspaper is stunning.

The media is Obama's propaganda machine.

46 posted on 08/23/2012 7:22:43 AM PDT by Senator_Blutarski
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To: xzins
*DRINK*

The only reason to keep up with these jobless claims is to get drunk!

47 posted on 08/23/2012 7:23:07 AM PDT by EGPWS (Trust in God, question everyone else)
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To: xzins

Preious week claims were 366,000 and revised up to 368,000. Expect the new number to be revised up to 375,000...at the very least.


48 posted on 08/23/2012 7:24:21 AM PDT by Bushbacker1 (I miss President Bush! 2012 - The End Of An Error! (Oathkeeper))
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To: Starboard

“Yahoo headline is that “Jobless claims rise as labor market HEALS slowly”.”

My headline would be that “Yahoo eggheads can’t admit that they have been on the unintellectual side of the issues all along now, and are generally clueless about reality”.


49 posted on 08/23/2012 7:24:22 AM PDT by pieceofthepuzzle
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To: JRios1968; All
"All together now...
UNEXPECTEDLY!"
agree..has been used every time since the Dictator O'Bozo's "Recovery Summer...the only recovery
that's is even going to happen; is when/after Dictator O'Bozo loses his job in November.
...and when the O'Bozo's "Media Chorus" loses theirs..

50 posted on 08/23/2012 7:30:10 AM PDT by skinkinthegrass (WA DC E$tabli$hment; DNC/RNC/Unionists...Brazilian saying: "$@me Old $hit; w/ different flie$" :^)
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