5 May
Posted in: Blog
By    1 Comment

Jobless Claims Up; Obama in town

(Events are likely unrelated.)

From MarketWatch:

WASHINGTON (MarketWatch) — The number of people who filed new applications for jobless benefits leaped 43,000 last week to 474,000, the highest level in almost nine months. A Labor official attributed much of the increase to temporary layoffs in the auto sector and in the state of New York, where workers in the educational field such as bus drivers are eligible for compensation during the week of spring break. Economists surveyed by MarketWatch had expected claims to fall to seasonally adjusted 412,000 from the prior week’s revised level of 431,000.

Yes, it appears that our job market is “double-dipping.”

Meanwhile, President Obama will be at the WTC site today, meeting with families of 9/11 victims.  The coverage of the death of bin Laden has been so botched by this White House that it remains unclear exactly how events unfolded, including such details as to whether bin Laden was armed or merely “resisting,” whether he used a woman as a human shield, and even as to who shot him.

Obama has now decided that releasing bin Laden’s death photo would incite the terrorists, contradicting C.I.A. Chief Leon Panetta’s previous statement that the photo would be released.  No word from Obama on what incited al Qaeda to commit heinous acts of terrorism before Saturday’s strike.

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1 Comment

  • This was a classic example of rushing to feed information to the press instead of carefully interviewing witnesses. I think it highlighted the White House’s desire to capitalize on any political gains that it could from the killing of bin Laden. It is a shame that such a high profile event has been marred to an extent by this.