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4-Week-Average Jobless Claims At 13-Month High As Sandy Effects Gone
Zero Hedge ^

Posted on 11/29/2012 6:01:19 AM PST by Perdogg

While any and every bad data point recently has been summarily dismissed by the 'transitory' effects of Hurricane Sandy, it appears in the deepest darkest reality that there is more of a structural trend to this shift than simply a 'blip'. Claims missed expectations and prior data was revised higher leaving the four-week-average at its highest since October 2011 jumping back over 400k.

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


TOPICS: Business/Economy; News/Current Events
KEYWORDS:

1 posted on 11/29/2012 6:01:27 AM PST by Perdogg
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To: Perdogg

The “messiah” has “won” so it’s time for reality to start making a big comeback.


2 posted on 11/29/2012 6:05:06 AM PST by FlingWingFlyer (Don't tax me bro! Tax that guy over there!)
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To: FlingWingFlyer

This gives him more “leverage” to try “innovative” ideas to “jump-start” the economy — like pushing welfare to get people “off” unemployment.

Big Media has his o-hole covered and will be cheering at lower numbers in the coming weeks due to inclement weather and the holidays.

Killer storms are great news now in Hussein’s brave new United States Socialist Republic (USSR).


3 posted on 11/29/2012 6:13:42 AM PST by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: Perdogg

Gee, nobody saw this coming.


4 posted on 11/29/2012 6:14:22 AM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: Perdogg

Pravda was right............


5 posted on 11/29/2012 6:41:10 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: Perdogg

This is what America voted for - more of the same for the next four years.


6 posted on 12/06/2012 6:01:48 AM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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