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New jobless claims rise to 460,000, higher than analysts' expectations {UNEXPECTED!}
FOXNews ^ | April 08 2010 | FOXNews

Posted on 04/08/2010 5:41:05 AM PDT by TSgt

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1 posted on 04/08/2010 5:41:05 AM PDT by TSgt
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To: MikeWUSAF

IT’S EASTER’s FAULT!

From: http://www.cnbc.com/id/36258075
Initial claims for state unemployment benefits rose 18,000 to a seasonally adjusted 460,000, the Labor Department said.

Analysts polled by Reuters expected claims to edge down to 435,000 from a previously reported 439,000 the prior week.

A Labor Department official attributed the rise in claims to seasonal volatility, mainly from the Easter holiday, and noted there were shutdowns in two states. A holiday on March 31 in California also had an effect on claims, he said.


2 posted on 04/08/2010 5:42:40 AM PDT by TSgt (It were better for him that a millstone were hanged about his neck, and he cast into the sea....)
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To: MikeWUSAF

media experts are stupid. They always get it wrong


3 posted on 04/08/2010 5:42:43 AM PDT by 4rcane
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To: MikeWUSAF

But last week Obama said it was all roses and we turned the corner. What up? You mean Socialism is not a real good job creator? Amazing.


4 posted on 04/08/2010 5:42:46 AM PDT by screaminsunshine (i)
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To: MikeWUSAF

5 posted on 04/08/2010 5:42:50 AM PDT by NMEwithin
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To: MikeWUSAF

With all these “unexpected” rises in jobless claims, I’m afraid that a real drop in joblessness would cause these poor analysts to die of shock.


6 posted on 04/08/2010 5:43:13 AM PDT by exDemMom (Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
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To: MikeWUSAF

I’m sure this will be presented as good news and evidence that Obama has solved our economic troubles.


7 posted on 04/08/2010 5:43:24 AM PDT by ClearCase_guy
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To: MikeWUSAF

!8,000 lost jobs? Hey it is great news. Just ask Harry Reid.


8 posted on 04/08/2010 5:43:43 AM PDT by screaminsunshine (i)
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To: MikeWUSAF

Can’t be....Obama told me so....


9 posted on 04/08/2010 5:43:57 AM PDT by Sacajaweau (What)
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To: ClearCase_guy

I am unexpectedly smelling the fragrance of gardenias in the air!

/s


10 posted on 04/08/2010 5:44:24 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: MikeWUSAF
With new regulations, new burdens on businesses due to Obamacare, and the potential for higher taxes on energy, why wouldn't this be expected?
11 posted on 04/08/2010 5:44:24 AM PDT by fhayek
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To: screaminsunshine

Back from the abyss...


12 posted on 04/08/2010 5:44:56 AM PDT by gov_bean_ counter (Obie Wan Nairobi from the 1/2 dark side. The farce strong with this one, it is...)
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To: exDemMom

This recovery is anemic and a double dip remains a strong possibility.


13 posted on 04/08/2010 5:45:06 AM PDT by mwl8787
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To: MikeWUSAF

Unexpected Thursday!


14 posted on 04/08/2010 5:45:23 AM PDT by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: MikeWUSAF

15 posted on 04/08/2010 5:46:42 AM PDT by COUNTrecount (Barry...above his poi grade.)
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To: MikeWUSAF
attributed the rise in claims to seasonal volatility, mainly from the Easter holiday

Maybe they should use some sort of "seasonal adjustment" so that predictable events which occur during the year (snow in January, Easter in the spring, etc.) can be worked into the numbers and give us some sort of baseline that would allow us to see a rise or a dip and say "Wow! That's real evidence of the way the economy is moving!"

But I guess the concept of "seasonal adjustments" is unknown to this administration.

16 posted on 04/08/2010 5:46:54 AM PDT by ClearCase_guy
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To: gov_bean_ counter

Oh Boy! Happy Days! The great Obama economy is on the move now.


17 posted on 04/08/2010 5:47:12 AM PDT by screaminsunshine (i)
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To: MikeWUSAF
Even the census workers couldn't buoy up Zero's job numbers?

More proof that socialism doesn't work.

18 posted on 04/08/2010 5:47:23 AM PDT by Siena Dreaming
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To: MikeWUSAF

Not to worry.

The unemployment rate will probably go down.

Zero’s guys cook the books like gourmets. MAkes Clinton’s book-cookers look like amateurs.


19 posted on 04/08/2010 5:48:27 AM PDT by exit82 (Democrats are the enemy of freedom. Sarah Palin is our Esther.)
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To: 4rcane

“{UNEXPECTED!}”

Hic- drink up.


20 posted on 04/08/2010 5:48:52 AM PDT by Canedawg (I'm not diggin' this tyranny thing.)
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