Jobless claims on the rise

CNNMoney ^ | 6/14/12 | By Charles Riley

[Clint N. Suhks]

The number of Americans filing for first-time unemployment benefits climbed last week, indicating continued trouble for the labor market.

The Labor Department reported Thursday that 386,000 people filed new jobless claims in the week ended June 9, up 6,000 from the previous week's revised figure.

[bramps]

Don’t these people filing claims know that the private economy is doing better. They have a nerve!!!!

[Clint N. Suhks]

up 6,000 from the previous week's revised figure. That was 11,000 more than expected.

How many weeks in a row have they revised up?

[Huskrrrr]

“.. indicating continued trouble for the labor market.”

No, indicating Depression!

[Starboard]

The MSM will be in a tizzy today fretting over what this mean’s for Obama’s re-election chances instead of raising concerns over the broader economic impact of persistently high unemployment and its effect on society. With the MSM it’s always about Obama, never the country.

[q_an_a]

The best 30 second Republican commerical would be show Obama talking about loan modifications or borrowing for college - then some real folks saying, “I don’t want a loan, I want a job!” The the tag line - “Isin’t it time to give someone else the job of President/Congressman/Senator. Women hate debt or the fact that their husband or boyfriend can’t find work. Poor folks will say, I can’t get a job or a loan.

[Paladin2]

Unprecedented unexpectedness.

[Paladin2]

Firing people is the way to increased private sector profits.

Zer0 says so.

[Infralutheran]

The Republicans should also use the President Obama soundbite from the last election in which he arrogantly said something like ‘Don’t ask yourself if you are better off now than you were 4 years ago, ask yourself if you are better off now than 4 weeks ago”.

Let his arrogance come back to haunt him.

[ETL]

Expectedly unexpected.

[Huskrrrr]

Yes, never any sympathy for the millions of unemployed...just The One.

[Tulane]

up 6,000 from the previous week’s revised figure. That was 11,000 more than expected.
How many weeks in a row have they revised up?
________________

You can’t make this stuff up...I think it’s 21 out of the last 22 or something like that.

[Principled]

65 of 66 consecutive weeks have been revised up [from another thread - i’m still looking for a link to such BLS data]

[Iron Munro]

Recovery Summer - It's a New American Tradition!

[swamprebel]

"Unemployment benefits are creating jobs faster than practically any other program." "It injects demand into the economy,the aid has the "double benefit" of helping those who lost their jobs and acting as a "job creator" on the side." ~Nancy Pelosi

[ExTxMarine]

How many weeks in a row have they revised up?

That is 65 of the last 66!

[mykroar]

The revision from FoxNews.com: The prior week's figure was revised up to 380,000 from the previously reported 377,000.

[PogySailor]

All those raaaccciisstt trying to make the Preezy look bad!

[faucetman]

“The revision from FoxNews.com: The prior week's figure was revised up to 380,000 from the previously reported 377,000.”

“up 6,000 from the previous week's REVISED figure.”

That means, apples to apples, it was actually up 9,000 from the previous weeks figures. Let's compare unrevised numbers with unrevised numbers, since we KNOW the new numbers will be revised upwards, (65 out of 66 times, always making the numbers look better than they really are. Coincidence?)

[nascarnation]

Fantastic cartoon.

Needs to be seen everywhere!