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Stubborn Jobless Claims Still Keep On Climbing Higher
New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.
Also tied in with this story:
MORE WEAKNESS: Q1 GDP Misses Expectations, Personal Consumption Unexpectedly Dives
Good thing I'm not playing a drinking game where I take a shot every time I hear "Unexpectedly". I'd be drunk and passed out by 9am. Just remember kids, our economy is improving thanks to teh 0ne and it is the fault of the evil capitalist businesses that won't hire.

Posted by: DarthVader 2011-05-26
http://www.rantburg.com/poparticle.php?ID=323377