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Economy
Jobless Claims Jump "Unexpectedly"
2011-07-21
New claims for jobless benefits unexpectedly rose last week following two declines, a setback for a sector that hasn't been producing many jobs.

Separately, U.S home prices posted a monthly increase in May, a government agency said Thursday, but are still lower than year-earlier levels.

Claims increased by 10,000 to a seasonally adjusted 418,000 in the week ended July 16, the Labor Department said Thursday. The prior week's claims figure was revised to 408,000, up from an originally reported 405,000.

The increase was the first in three weeks. Economists surveyed by Dow Jones Newswires had forecast claims to remain unchanged.

Bythe gods, I am so sick of that word.
Posted by:DarthVader

#4  Border's bookstores is unexpectedly closing across the U.S. There goes another 10K jobs. The space program is unexpectedly shutting down. There goes another 9K jobs.
Posted by: JohnQC   2011-07-21 18:48  

#3  Take from this self-appointed 'expert' economist & forecaster: The US economy and unemployment will continue to stink for years into the future, unless total collapse supervenes.
Posted by: Anguper Hupomosing9418   2011-07-21 12:56  

#2  I have it on good authority that Oden has been of the same mind "I am so sick of that word". How about inexplicably.I actually would like"whatever"at this point.
Posted by: Dale   2011-07-21 12:37  

#1  "Unexpectedly" My ass, more like "Expected Jobs Unemployment Jump".
Posted by: Redneck Jim   2011-07-21 12:18  

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