Change! Initial jobless claims jump 51,000
New U.S. claims for unemployment benefits rose unexpectedly more than expected last week as harsh weather conditions in some parts of the country kept workers at home and caused a backlog in the processing of claims, a government report showed on Thursday. ...
Economists polled by Reuters had expected claims to be little changed at 405,000.
Rather nice tearing by HotAir at link. Don't worry though. All the new Green Jobs and energy will fix this! We are saved!
(Yes gorb, I'm being sarcastic.:P )
Posted by: DarthVader 2011-01-27 |