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Jobless claims climb unexpectedly
www.msnbc.com ^ | February 27, 2014 | Steve Benen

Posted on 02/27/2014 5:43:16 AM PST by John W

So far in 2014, initial unemployment claims have been largely stuck, though we were supposed to see some progress this morning. According to the new figures from the Labor Department, we didn’t:

The number of people who applied for U.S. unemployment benefits jumped by 14,000 to 348,000 last week to match a five-week high, the Labor Department said Thursday. Economists surveyed by MarketWatch expected claims to total 335,000 on a seasonally adjusted basis. The average of new claims over the past month, a more reliable gauge than the volatile weekly number, was unchanged at 338,250.

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


TOPICS: Business/Economy; News/Current Events
KEYWORDS: jobless; unemployment; unexpected
Unexpectedly. Again.
1 posted on 02/27/2014 5:43:16 AM PST by John W
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To: John W

drink!


2 posted on 02/27/2014 5:44:02 AM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: John W

Sigh; only the unexpected is expected.


3 posted on 02/27/2014 5:44:55 AM PST by Truth29
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To: John W

“Unexpectedly.” Yay!


4 posted on 02/27/2014 5:44:58 AM PST by E. Pluribus Unum (If Barack Hussein Obama entertains a thought that he does not verbalize, is it still a lie?)
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To: John W

Hey, why work if the government is bound and detrmined to support you?


5 posted on 02/27/2014 5:45:33 AM PST by freeangel ( (free speech is only good until someone else doesn't like it)
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To: John W

Honestly! Why do they continue to use the word “unexpectedly” every month? Do they really think we are surprised by any of this?


6 posted on 02/27/2014 5:45:43 AM PST by MNGal
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To: John W

“Unexpectedly. Again.”

It’s not very funny at all, but somehow, it never gets old, either.

There are a LOT of people who don’t find it “unexpected” - what it means is, that the government is finding it increasingly difficult to hide the obvious.


7 posted on 02/27/2014 5:45:54 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: John W
Unexpectedly. Again.

They certainly have that word down pat.

8 posted on 02/27/2014 5:46:04 AM PST by Uncle Chip
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To: John W
The average of new claims over the past month, a more reliable gauge than the volatile weekly number, was unchanged at 338,250.

[Amos to Andy] "Jess wait a minute while I whips out the clackalator and discombobulates these here numbers".

9 posted on 02/27/2014 5:48:01 AM PST by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
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To: John W
There is only one class of people who claim to be surprised by this kind of news.

And I'm beginning to think they're lying.

10 posted on 02/27/2014 5:48:41 AM PST by skeeter
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To: John W
Let me guess the rest of the story...the increase in unemployment is due to, the bad weather, George W. Bush, the Republicans in congress, the Koch brother's or the tea party. But Obama’s economic policy bears zero responsibility....
11 posted on 02/27/2014 5:49:41 AM PST by apillar
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To: John W

DRINK!


12 posted on 02/27/2014 5:50:31 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: John W

Yeah, but I am sure the unemployment rate will go down. We’re in a recovery doncha know!


13 posted on 02/27/2014 5:51:18 AM PST by b4its2late (A Progressive is a person who will give away everything he doesn't own.)
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To: John W
The past five years have unexpectedly been the most unexpectedly unexpected five years, since Obama unexpectedly was elected pResident.
14 posted on 02/27/2014 5:51:58 AM PST by Tupelo (I am feeling more like Philip Nolan every day)
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To: Diana in Wisconsin

“DRINK”

If you play the drinking game on this, you would be on the floor within 20 minutes of reading mainstream news sites this morning. The frequency of the word is not coincidental, IMO.


15 posted on 02/27/2014 5:52:32 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: John W

“Unexpectedly. Again. “

And will probably be revised higher next week.


16 posted on 02/27/2014 5:54:20 AM PST by pieceofthepuzzle
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To: John W

Even with this improving economy we hear about?


17 posted on 02/27/2014 5:54:59 AM PST by ▀udda▀udd
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To: John W

We need to move the official silliness thread to Thursdays - just sayin’.


18 posted on 02/27/2014 5:55:32 AM PST by mykroar (We fight, get beat, rise, and fight again. - Nathanael Greene)
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To: The Antiyuppie

I’ve been drunk since 0bama was crowned. ;)


19 posted on 02/27/2014 5:57:40 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: John W

Unexpectedly???

Unexpected by whom?

Clearly there are those who simply have NOT been paying attention for the past five years.


20 posted on 02/27/2014 6:00:26 AM PST by Jack Hammer
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To: John W

unexpected!

Drink!


21 posted on 02/27/2014 6:01:52 AM PST by TexasFreeper2009 (Obama lied .. the economy died.)
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To: pieceofthepuzzle
And will probably be revised higher next week.

Not to worry...another million will drop out of the labor force, and the unemployment rate will drop another 2/10 of a percent.

22 posted on 02/27/2014 6:08:17 AM PST by Night Hides Not (For every Ted Cruz we send to DC, I can endure 2-3 "unviable" candidates that beat incumbents.)
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To: John W

‘so far in 2014’?? there’s only been one month of stats... and those had to be ‘revised’ ... unexpectedly ... just like every such stat over the last 5 years


23 posted on 02/27/2014 6:13:04 AM PST by sten (fighting tyranny never goes out of style)
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To: John W

nothing unexpected, thanks Obamacare!!


24 posted on 02/27/2014 6:13:59 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: John W

Around here, some established restaurances and small business have shut down. How can anyone be surprised that this winter that has changed people’s spending patterns would cause people to lose jobs?


25 posted on 02/27/2014 6:16:01 AM PST by grania
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To: John W


26 posted on 02/27/2014 6:17:13 AM PST by Iron Munro (Eight died on that bridge at Concord, back in 1775. How many will it take this time?)
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To: All

Expectedly, we find the left using the word “unexpectedly” again....


27 posted on 02/27/2014 6:18:55 AM PST by Boonie
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To: Night Hides Not

“Not to worry...another million will drop out of the labor force, and the unemployment rate will drop another 2/10 of a percent. “

The media response to all of this reminds me an old joke in which people on an airplane are sequentially told by the pilot ‘we’ve lost engine number one, but we have three other engines - so no problem. Our flight will just take about 30 minutes longer.’ This goes on for the sequential losses of engines 2 and 3. After the third engine fails a passenger comments “If we lose that last engine we’ll be up here all day”.

That’s about as logical as the manner in which the media has reacted to the progressively shrinking percentage of people employed in the US.


28 posted on 02/27/2014 6:20:27 AM PST by pieceofthepuzzle
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To: John W

Written by Steven Benen, producer of the Rachel Maddow Show.

Benen got his Master’s degree at the George Washington University while interning in President Clinton’s White House.

LOL!


29 posted on 02/27/2014 6:21:47 AM PST by nhwingut (This tagline is for lease)
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To: John W
Free at last! Free at last! Thank Obama, many are free (from work) at last!

Related threads from this morning:

30 posted on 02/27/2014 6:27:07 AM PST by TomGuy
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To: Gaffer
The average of new claims over the past month, a more reliable gauge than the volatile weekly number, was unchanged at 338,250.

[Amos to Andy] "Jess wait a minute while I whips out the clackalator and discombobulates these here numbers".

That's a discombobulated 1.4 million a month ....or 17 million a year...

...as Obamacare kicks in people are kicked out of work.

31 posted on 02/27/2014 6:36:35 AM PST by spokeshave (OMG.......Schadenfreude overload is not covered under Obamacare :-()
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To: spokeshave

Yeah, but they’re all free now to have more leisure time, be with the kids, do some art painting, basket weaving, whatever. Obama planned it that way.

Now with Obamacare, and SSI, SSDI, SNAP, TANF, EITC, WICS, Section 8, ObamaPhones, they don’t need no job.


32 posted on 02/27/2014 6:39:38 AM PST by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
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To: John W

WONDER WHY thank 0’care

Duke University: 44% of U.S. firms consider cutting health care to current workers

http://washingtonexaminer.com/duke-university-44-u.s.-firms-consider-cutting-health-care-to-current-workers/article/2543506

ObamaCare kills another 33k jobs, cuts hours for thousands more
http://www.humanevents.com/2014/02/21/obamacare-kills-another-33k-jobs-cuts-hours-for-thousands-more/

Public Sector Cuts Part-Time Shifts to Bypass Insurance Law
http://www.nytimes.com/2014/02/21/us/public-sector-cuts-part-time-shifts-to-duck-insurance-law.html?_r=3
“Our choice was to cut the hours or give them health care, and we could not afford the latter,”

ObamaCare tax cost 33,000 jobs, medical trade group says
http://nypost.com/2014/02/21/obamacare-tax-cost-33000-jobs-medical-trade-group-says/

WASHINGTON — A new ObamaCare tax on medical devices has already resulted in the loss of about 33,000 jobs in the industry, according to a prominent health-care trade association.

“Health insurance companies are looking for something in exchange for the three-year extension, which will make it much harder for them to sign up healthier and younger customers,”

http://washingtonexaminer.com/obamacare-changes-may-include-extension-of-risk-corridors/article/2544116

CBO: Obamacare Driving Millions Out of Work Force, Price Tag Tops $2 Trillion

http://townhall.com/tipsheet/guybenson/2014/02/04/cbo-obamacare-driving-millions-of-americans-out-of-work-force-n1789435?utm_source=thdailypm&utm_medium=email&utm_campaign=nl_pm

Obamacare will push 2 million workers out of labor market: CBO

http://www.washingtontimes.com/news/2014/feb/4/cbo-obamacare-push-2m-workers-out-labor-market/

Under Employment rate U 6

http://www.forbes.com/sites/dandiamond/2013/07/05/why-the-real-unemployment-rate-is-higher-than-you-think/

After 5 yrs Obamanomics, Record 100M Not Working
http://www.forbes.com/sites/peterferrara/2014/01/24/after-five-years-of-obamanomics-a-record-100-million-americans-not-working/

Case Worker: Illegal Aliens Got Food Stamps by the “Vanload” | Judicial Watch
http://www.judicialwatch.org/blog/2013/04/case-worker-illegal-aliens-got-food-stamps-by-the-vanload/

cronyn 3 state pensions
http://trailblazersblog.dallasnews.com/2013/06/sen-john-cornyn-discloses-3-texas-pensions-as-supplemental-income.html/


33 posted on 02/27/2014 6:46:29 AM PST by GailA (IF you fail to keep your promises to the Military, you won't keep them to Citizens!)
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To: Gaffer

“I objects your honor” -Algonquin J. Calhoun!


34 posted on 02/27/2014 7:01:00 AM PST by Dr. Ursus
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To: grania

Winter sneaks up on you. Like a thief in the night. You never see it coming, you cannot plan for it. It’s unexpected.


35 posted on 02/27/2014 7:07:40 AM PST by TurboZamboni (Marx smelled bad and lived with his parents .)
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To: John W
Wow! Obama, Pelosi and Ried are so happy that 348,000 people are now FREE to find their passion. Happy Days are here again!
36 posted on 02/27/2014 11:49:14 AM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: GailA
Sheesh! You don't get it! According to Obama, Pelosi, and Reid, these people are now free to find their passion. Drink your grape koolaide now. ; )

You do know that I am being sarcastic, right?

37 posted on 02/27/2014 11:54:27 AM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: John W
Well it's obvious the new “Summer Recovery” hasn't kicked in yet. < /S > + < /BS >
38 posted on 02/27/2014 12:05:23 PM PST by The Cajun (Sarah Palin, Mark Levin, Ted Cruz, Mike Lee, Louie Gohmert......Nuff said.)
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