Apr

Jobless Claims… Rise Expectedly

WASHINGTON (MarketWatch) — The number of people applying for unemployment benefits jumped 24,000 in the latest week, U.S. data showed Thursday, but the increase appeared to stem largely from the Easter holiday and other factors that distorted the data.

Initial claims shot up to a seasonally adjusted 484,000 in the week ended April 10, the Labor Department said….

Claims have unexpectedly risen two straight weeks, but a Labor official said the Easter holiday and a special holiday in California, the nation’s largest state, disrupted collection of jobless data.

The same old, trodden lines again and again…

This was “unexpected,” and there are many reasons to explain it… this time, it’s not “the weather,” but Easter. Yes that’s right, the Christian holiday of Easter now contributes to joblessness now. This must be the work of the same fools who labeled a 12 man freak show from a trailer park a “Christian Militia.”

Let me repeat – it’s not the weather, it’s not the holidays, it’s not some mysterious force from without, and it is MOST ABSOLUTELY NOT UNEXPECTED. The continued erosion of American prosperity is a direct result of the policies put into law by Obama, Pelosi, and Reid.

Throw the bums out!

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