Guess what rose “unexpectedly”?

posted at 8:48 am on February 4, 2010 by Ed Morrissey

The Associated Press uses its favorite adverb today in reporting an economic development that is as predictable as sunrise (via No Runny Eggs):

The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.

The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter.

The Labor Department says that new claims for unemployment insurance rose by 8,000 to a seasonally adjusted 480,000. Wall Street economists had expected a drop to 460,000.

The rolling average rose for the third straight week as well. This follows yesterday’s report that planned layoffs have begun increasing again:

Planned layoff announcements at major U.S. corporations increased 59% in January, reaching 71,482 from a nine-year low of 45,094 seen in December, according to the latest job-cut tally by Challenger Gray & Christmas.

It was the first month-to-month increase in layoffs since July, the outplacement firm reported Wednesday. The figures are not seasonally adjusted. …

Planned reductions for last month were led by retail companies, which announced 16,737 job cuts, and telecommunications companies, which cut 14,010 jobs.

That would appear to cast a pall over tomorrow’s announcement from the Bureau of Labor Statistics about unemployment and job creation for January.  Of course, if it turns out to be bad news, the media will call it an “unexpected” burp in the Glorious Recovery.


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2

blatantblue on February 4, 2010 at 9:14 AM

You’re listening to the prayer breakfast? Gag me with a spoon. I couldn’t listen to much of it. I had to put the TV on mute.

petefrt on February 4, 2010 at 9:31 AM

Everyone needs to prepare for shortages. and for looting. crime is getting worse.
kelley in virginia on February 4, 2010 at 8:52 AM

Keep in mind what the Mormons recommended In their preparedness manuals – besides having a 1 year supply of food, they recommend that you arm yourself.

You only get to keep what you can defend – that includes food, water and your Life.

Chip on February 4, 2010 at 9:31 AM

everyone needs to prepare for shortages. and for looting. crime is getting worse.

kelley in virginia on February 4, 2010 at 8:52 AM

This was not unexpected. I have prepared. There is safety in the boonies.

Yoop on February 4, 2010 at 9:31 AM

Of course it’s ‘unexpected’. When your president is “The One” or “The Messiah”, his divine powers are supposed to always make everything all better.

moc23 on February 4, 2010 at 9:31 AM

Why is the IRS buying shotguns?

ORconservative on February 4, 2010 at 9:31 AM

I tried looking for a job on the job boards but couldn’t find a thing. So much for having gone back to school at mid-life.

I’m going on my fourth year of unemployment. Sucks.

madmonkphotog on February 4, 2010 at 9:31 AM

Oh, and yes. I’ve been networking to no avail.

madmonkphotog on February 4, 2010 at 9:32 AM

OT: but has anyone else heard about Jim Treacher getting hit by a car in DC was crossing legally in a crosswalk? Supposedly he broke his knee. The alleged vehicle was being operated by Secret Service. Is this a joke? I love Jim.

carbon_footprint on February 4, 2010 at 9:32 AM

Somebody needs to photoshop a picture of Obama wearing a shirt that says “I spent 1.3 trillion dollars and all I got was this lousy economy.”.

John Deaux on February 4, 2010 at 9:32 AM

Most economists hoped that claims would resume a downward trend

I’m starting to form a picture as to why they are surprised.

Vashta.Nerada on February 4, 2010 at 9:33 AM

Always expect the “unexpected” with these criminals in power.

Tuari on February 4, 2010 at 9:33 AM

I’m just glad Obummer saved 5 million jobs or the unemployment picture would be even worse.

(sarc.)

Herb on February 4, 2010 at 9:34 AM

Here’s something fun to do on a slow day. Drive past your local unemployment office and count Obama/Biden bumper stickers.MikeA on February 4, 2010 at 9:16 AM

LOL. In my neck of the woods, those stickers are disappearing unexpectedly.

Electrongod on February 4, 2010 at 9:34 AM

Sorry. I just remembered about him getting a job with The DC. It is a confirmed story through Jim himself.

carbon_footprint on February 4, 2010 at 9:35 AM

h
o
p
e

i
s

c
h
a
n
g
i
n
g
—|—|—|—|—|—|—|

Yoop on February 4, 2010 at 9:35 AM

I place more predictive faith in the groundhog than these ‘economissed.’ So they hoped and got short changed.

GnuBreed on February 4, 2010 at 9:35 AM

So this is going to be the Obamacrats election strategy. The tax-funded propagandists at ACORN/SEIU/Obama Jugend are starting to push fullblown communism.
modifiedcontent on February 4, 2010 at 9:28 AM

The Far-left National Socialist Democrats are already incrementally moving us in that direction.

Chip on February 4, 2010 at 9:35 AM

Whoops. That was supposed to look like a declining graph. Sorry for the waste of electrons.

Yoop on February 4, 2010 at 9:36 AM

Guess he can’t.

rollthedice on February 4, 2010 at 9:37 AM

This makes a wonderful companion(only in terms of shining the light on the truth) to the headline immediately above.

mwbri on February 4, 2010 at 9:38 AM

Why is the IRS buying shotguns?
ORconservative on February 4, 2010 at 9:31 AM

Maybe that should be: Why is the IRS Unexpectedly buying shotguns?

Note that these are shotguns with 14” barrels – must be nice for the government when they don’t have to follow their own dang rules.

Chip on February 4, 2010 at 9:39 AM

I guess it is not unexpected that any time the AP prints news that is not positive for the administration they always use the term “Unexpected” and all positive news is always refered to “As expected”. What would really be unexpected is for the the AP to write “As expected, The president continued to screw up the economy today and unexpectedly he acknowledged that it was Bush’s fault.” Who would expect that?

Guest1.1 on February 4, 2010 at 9:39 AM

It’s all a shell game, it’s a giant lie, and we have never been at war with Eastasia.

ted c on February 4, 2010 at 9:27 AM

I can tell you straight from my accounts ( in the automotive business) to friends in the Mortgage,Furniture sales,Financial Planning,and other Retail businesses that the reality of where we are at in this country economically is hitting them like a ton of bricks.

The Optimism for the start of the year has turned to dread watching jobs being cut,people let go in mass,and sales numbers being stagnet at best.

People need to quit listening to the “Fool on the Hill” and start getting the facts straight from the sources so they can make the best business and domestic decisions for themselves,because this could get ugly real soon.

Baxter Greene on February 4, 2010 at 9:39 AM

Get serious, (Bush)folks. There’s only ONE thing to do to resolve this worst (Bush) economy since the Great (Bush) Depression…the government has to SPEND MORE MONEY! The government has to HIRE SEVERAL THOUSAND MORE PEOPLE. The government has to let those stupid BUSH tax cuts expire. The government is the answer to all of these (BUSH) problems and y’all are NOT listening!

Now get those income tax payments in pronto…the government could really, really use them!

/sarc off

GoldenEagle4444 on February 4, 2010 at 9:40 AM

It’s the “jobless recovery” steaming right along.

Saltysam on February 4, 2010 at 9:21 AM

I’m remembering a lot of lefties who goofed on job creation during the Bush administration, saying, “well, yeah, there are more jobs – but, but… they’re all at McDonalds, hyuck, hyuck!”

These same simpletons have nothing to say about rampant unemployment, but continue to support Obama, of course.

Midas on February 4, 2010 at 9:44 AM

Some guy was on CNBC a few months ago and he said this would be the “mother of all jobless recoveries.”
They had a guy on that channel who knew what was going on and they basically told him to shut up.
Didn’t know what he was talking about, etc.

It really is an ostrich mentality. Meanwhile, they have those smug looks on their faces like they’re geniuses and we’re total morons.
Keep it up you idiots, November is gonna be fun.

B Man on February 4, 2010 at 9:29 AM


Must protect der leader……..


Obama’s like Reverse Jesus. You will, collectively, assume his sins so that he is cleansed and untainted.*

(Ace of Spades)

Baxter Greene on February 4, 2010 at 9:47 AM

Now get those income tax payments in pronto…the government could really, really use them!

/sarc off

GoldenEagle4444 on February 4, 2010 at 9:40 AM

That’s right…
….the IRS is given shotguns while terrorist are now given Miranda rights and lawyers….

“Hope and Change baby!!!!

Baxter Greene on February 4, 2010 at 9:49 AM

4th rise in the last 5 weeks? How unexpected!

Seriously, either the trend forcasters need to be fired, or the AP needs to take a cold shower.

NickelAndDime on February 4, 2010 at 9:54 AM

I think someone mentioned this yesterday, but the jobs report is also expected to show about 800K to 900K additional jobs were lost from April 2008 to March 2009.

Jimbo3 on February 4, 2010 at 10:00 AM

It’s become comical now. Don’t they own a thesaurus at the AP? At least use a different word once in awhile.

NoLeftTurn on February 4, 2010 at 10:04 AM

Ed, you need to get a picture like this to use whenever something “unexpectedly” happens.

The Monster on February 4, 2010 at 10:12 AM

Why is the IRS buying shotguns?

ORconservative on February 4, 2010 at 9:31 AM

If if makes you feel any better, according to the RFP, they’re supplementing their existing inventory of shotguns…

NickelAndDime on February 4, 2010 at 10:13 AM

The next big shoe to drop is going to be taxes. Not the taxes we pay; the tax money the government takes in. That’s where the true unemployment figures are going to show up.

The government’s revenues are going to plunge off a cliff, and I think they see it coming. How are they going to pay out all these entitlements? They’re going to start printing money as fast as they can, which is going to lead to hyperinflation. People are going to actually start going hungry.

It’s like watching an avalanche thunder right at us, with no way to stop it.

bonnie_ on February 4, 2010 at 10:14 AM

Of course, if it turns out to be bad news, the media will call it an “unexpected” burp in the Glorious Recovery.

Exactly why the msm’s are tanking and fast. Yet they steadfastly protect, cling to, and pander to their messiah, all the while sitting in the news rooms probably holding their heads in their hands saying…what have we done! lol

capejasmine on February 4, 2010 at 10:24 AM

This is considered to be a success to the average leftist.

It increases the number of people dependent on government for their sustenance, a goal which they continually strive to acheive.

They will not find this news troubling in the least. In fact for the leftist, this is quite good news.

jjrakman on February 4, 2010 at 10:25 AM

HotAir Editors,
Can you keep a running total of the use of “unexpectedly” with economic news and AP stories? I think it will show the ridiculousness of the use and will be useful later when Republicans UNEXPECTEDLY win control of the House this year.

Scranton on February 4, 2010 at 9:10 AM

FIFY

fossten on February 4, 2010 at 10:41 AM

Only a retard wouldn’t have expected this.

Hucklebuck on February 4, 2010 at 10:42 AM

This is considered to be a success to the average leftist.

It increases the number of people dependent on government for their sustenance, a goal which they continually strive to acheive.

They will not find this news troubling in the least. In fact for the leftist, this is quite good news.

jjrakman on February 4, 2010 at 10:25 AM

Anti:
liberty, freedom, independence, family, self-determination, hope…

daesleeper on February 4, 2010 at 10:42 AM

Isn’t it about time that we fired all these ‘economists’ who haven’t been right, or even close to right?

GarandFan on February 4, 2010 at 10:46 AM

They do expect the Spanish Inquisition, however.

Mr. D on February 4, 2010 at 8:52 AM

..Nobody expects the Spanish Inquisition.

VoyskaPVO on February 4, 2010 at 10:46 AM

AP is doing its job keeping B+ between the fencerows…..

ted c on February 4, 2010 at 10:56 AM

Why is the IRS buying shotguns?

Meh. Went over this in a headline thread yesterday…

The IRS has CI special agents, who are already armed, and have been armed for years.

The Druge Story was for purchasing 60 shotguns.

There are 2,800 special agents.

Non-story.

reaganaut on February 4, 2010 at 11:00 AM

Can you keep a running total of the use of “unexpectedly” with economic news and AP stories? I think it will show the ridiculousness of the use and will be useful later when Republicans win control of the House this year.

Scranton on February 4, 2010 at 9:10 AM

Here’s a few.

Bruce in NH on February 4, 2010 at 11:04 AM

As always, I feel it is my duty to stop by and just mention that no one should be fooled in to thinking that this is some kind of Obama failure. In his world, this is a success, because his destruction of the economy is by design. Buckle up folks.

RightWinged on February 4, 2010 at 11:04 AM

Why is the IRS buying shotguns?

ORconservative on February 4, 2010 at 9:31 AM

If if makes you feel any better, according to the RFP, they’re supplementing their existing inventory of shotguns…

NickelAndDime on February 4, 2010 at 10:13 AM

Kind of brings into focus the definitions of taxes and armed robbery.

Yoop on February 4, 2010 at 11:16 AM

Of course, if it turns out to be bad news, the media will call it an “unexpected” burp in the Glorious Recovery.

By all accounts it wont be good news. In one piece I read it reported a couple economists “expected” the economy to add 13,000 jobs. Now the article didn’t say why they were expecting it or who they were, but pretty obviously they are living in the never-never.

There was a seven percent increase in corporate bankruptcies, in January. That number is expected to go up. Presently 342 companies file bankruptcy EVERY DAY.

That’s one factor in the unemployment picture. If the company goes out of business completely they no longer need their employees. If they restructure their credit, they may need to lay people off.

dogsoldier on February 4, 2010 at 11:29 AM

Stock selloff heats up

11:15am: Wall Street retreat picks up steam after a worse-than-expected weekly jobless claims report sparks concerns ahead Friday’s jobs report.

Dow Jones down 200 points, oil down $2.74 a barrel, 10 year bond yield up 20/32nds.

Dow about to plunge below 10,000.

Jaibones on February 4, 2010 at 11:45 AM

I think these so called “experts” at the AP should “unexpectedly” lose their jobs for incompetence.

jeffn21 on February 4, 2010 at 11:50 AM

http://www.dol.gov/opa/media/press/eta/ui/eta20100138.htm

Thats the actual report. FTA:”The advance number of actual initial claims under state programs, unadjusted, totaled 530,405 in the week ending Jan. 30, an increase of 28,234 from the previous week. There were 682,176 initial claims in the comparable week in 2009. ”

My argument with this is the adjustments are not valid. All the seasonal workers got laid off last October and November AND tomorrow the DoL will tell us they twinked the numbers they reported by 824,000 people.

Every single stat they report is politically engineered and probably outright false. Every single report of unemployment has been revised, not once or twice but often 3 TIMES.

dogsoldier on February 4, 2010 at 11:57 AM

With so many tens of thousands of people finally running out of unemployment benefits extensions, I wonder what the numbers applying for welfare benefits look like? And how many new Social Security applications have been filed by people who are currently eligible to apply for early retirement at age 62? There are thousands of people who wanted to continue working past age 65 who are being forced to apply for their Social Security benefits earlier than expected in desperation. Not to mention all of the above who must now also be eligible for Medicare and Medicaid benefits. Look for “adjusted” numbers moving up those drop dead dates for Social Security and other entitlement programs to go bankrupt.

We’re seeing only a small bit of the overall picture of what could be massive increases in federal entitlement benefits being paid out. People have to survive somehow, and there are a lot of federally mandated programs out there to help out those in trouble. I just don’t think the whole picture is being reported because the true numbers could very well be “unexpectedly” shocking.

KendraWilder on February 4, 2010 at 12:03 PM

Dow about to plunge below 10,000.

Jaibones on February 4, 2010 at 11:45 AM

If the Dow closes below 10,000 today and stays below it tomorrow, there’s no telling how far it might fall.
Much of the run-up in the stock market last year was psychological. People believed that the market had to move up because it had fallen so far. If that psychology gets broken, it’s Katy bar the door, we’re in for a rough ride.

MarkTheGreat on February 4, 2010 at 12:12 PM

Who are these ‘most economists’ that the AP and democraps like Obama keep referring to. If you or I had their batting average we’d have been fired months ago. Imagine if some republican official month after month claimed something catastrophic was happening week after week was ‘unexpected’, the liberal media would demand that heads roll. Funny how these headlines don’t materialize in the Age of Obama.

eaglewingz08 on February 4, 2010 at 12:23 PM

He has hired too many devopmentally disabled economists

seven on February 4, 2010 at 1:04 PM

The run up on the dow was a drop in the dollar. Obama’s developmentally disabled economists thought it was because of Obama’s economic prowess.

seven on February 4, 2010 at 1:05 PM

Wow. The rise is the fourth in the last five weeks, but it’s still unexpected?!

New AP headline: Sun rises unexpectedly!!

tom on February 4, 2010 at 3:18 PM

If the Dow closes below 10,000 today and stays below it tomorrow, there’s no telling how far it might fall.
Much of the run-up in the stock market last year was psychological. People believed that the market had to move up because it had fallen so far. If that psychology gets broken, it’s Katy bar the door, we’re in for a rough ride.

MarkTheGreat on February 4, 2010 at 12:12 PM

I’m no expert, but this is what I’ve been worried about. The herd mentality is the only thing O’Bonehead has going for him, and if the herd gets spooked, he’s f*cked.

On the bright side, if the herd gets spooked and O’Bozo gets crushed, maybe we can save $5 or 6 Trillion in new debt and get turned around.

Jaibones on February 4, 2010 at 3:36 PM


DOW (-268.37) -2.61% 10,002.18

Selloff runs the Dow run down to the psychological edge. Wonder what happens when the herd wakes up next to the river tomorrow morning?

Jaibones on February 4, 2010 at 4:20 PM

Sun rises unexpectedly!!

tom on February 4, 2010 at 3:18 PM

CNN: Sky unexpectedly dark all across Eastern seaboard last night. Global warming climate change suspected.

Jaibones on February 4, 2010 at 4:22 PM

Last night, Keith Olbermann unexpectedly attacked Fox News.

SoulGlo on February 4, 2010 at 4:42 PM

Obama: “What are the lives of half a million more unemployed citizens a month to a man such as myself?”

(apologies to Napoleon Bonaparte).

Dr. ZhivBlago on February 4, 2010 at 7:20 PM

Mr. President, Here’s How to Lift our Economy: http://mittromneycentral.com/op-eds/11022009-mr-president-heres-how-to-lift-our-economy/

dnlchisholm on February 4, 2010 at 8:55 PM

Comment pages: 1 2