New jobless claims rise …

posted at 9:30 am on April 8, 2010 by Ed Morrissey

Will the Associated Press and Reuters get to use their favorite adverb for economic news today?  The news from the Department of Labor will almost certainly come “unexpectedly” to the media, as initial jobless claims rose significantly despite the rosy spin put on the Census Bureau-driven employment numbers from March (via DogSoldier):

In the week ending April 3, the advance figure for seasonally adjusted initial claims was 460,000, an increase of 18,000 from the previous week’s revised figure of 442,000. The 4-week moving average was 450,250, an increase of 2,250 from the previous week’s revised average of 448,000. …

The highest insured unemployment rates in the week ending March 20 were in Alaska (7.1 percent), Puerto Rico (6.1), Oregon (6.0), Wisconsin (5.7), Montana (5.6), Idaho (5.5), Michigan (5.4), Pennsylvania (5.4), Nevada (5.3), and Rhode Island (5.2).

The largest increases in initial claims for the week ending March 27 were in Texas (+3,640), Oregon (+2,412), New Jersey (+1,715), California (+1,275), and Kentucky (+926), while the largest decreases were in Michigan (-2,240), Illinois (-1,872), Oklahoma (-1,270), Missouri (-1,079), and North Carolina (-673).

On the other hand, the news improved for one sector:

Initial claims for UI benefits by former Federal civilian employees totaled 1,187 in the week ending March 27, a decrease of 76 from the prior week. There were 2,311 initial claims by newly discharged veterans, an increase of 106 from the preceding week.

There were 21,025 former Federal civilian employees claiming UI benefits for the week ending March 20, a decrease of 1,776 from the previous week. Newly discharged veterans claiming benefits totaled 36,877, an increase of 706 from the prior week.

The federal government grows while the private sector shrinks.  There are a lot of adverbs and adjectives that can be used to describe that trend, but “unexpectedly” isn’t among them in this adminstration and with this Congress.

Update: Like clockwork, AP uses its favorite adverb:

Initial jobless claims increase unexpectedly

New claims for jobless benefits increase unexpectedly, while total benefit rolls drop

Christopher S. Rugaber, AP Economics Writer, On Thursday April 8, 2010, 9:09 am

WASHINGTON (AP) — The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce even as the economy recovers.

The Labor Department said Thursday that first-time claims increased by 18,000 in the week ending April 3, to a seasonally adjusted 460,000. That’s worse than economists’ estimates of a drop to 435,000, according to a survey by Thomson Reuters.


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News just gets gets better all the time
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/

OmahaConservative on April 8, 2010 at 9:31 AM

Is this due to all those Census workers who were “unexpectedly” let go right after being hired and trained? Either way, it’s nice to know Obama is overseas signing away our national defense instead of focusing on the economy.

Doughboy on April 8, 2010 at 9:32 AM

Easter’s over. That bunny is out of work again.

Wethal on April 8, 2010 at 9:32 AM

Unemployment bunnies hardest hit.

rbj on April 8, 2010 at 9:33 AM

Worse than expected. What are they thinking when they use toe top economist
Rosie Scenario Phd.

seven on April 8, 2010 at 9:33 AM

Talk about “Nero fiddling while Rome burns”! This administration is more and more incompetent and clueless every day.

mozalf on April 8, 2010 at 9:33 AM

Dang. Thought it’d be the redhead in line on the phone for sure!

Scott P on April 8, 2010 at 9:33 AM

They really need a new adverb. This one’s a bit frayed and shopworn.

Extrafishy on April 8, 2010 at 9:34 AM

a sign that jobs remain scarce even as the economy recovers.

Long live the Recovery!

Just remember that every single economic indicator is a “lagging indicator.” The recovery has been well under way since last June.

mankai on April 8, 2010 at 9:34 AM

…a sign that jobs remain scarce even as the economy recovers.

Listen, AP hack: if jobs “remain scarce” then the economy hasn’t recovered. Get your story straight.

jwolf on April 8, 2010 at 9:34 AM

Dang. Thought it’d be the redhead in line on the phone for sure!

Scott P on April 8, 2010 at 9:33 AM

I think she gave up looking for work and is no longer being counted as unemployed. Can you blame her after all this time?

Doughboy on April 8, 2010 at 9:34 AM

Obama announces new cabinet position: The Unexpected Statistics Czar.

Mojave Mark on April 8, 2010 at 9:35 AM

At one point under Bush there were over 40 consecutive months of employment growth. Obama promised 95,000 more jobs a month. He lied.
Michelle Malking writes of the weatherization jobs boondoggle.

seven on April 8, 2010 at 9:36 AM

The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce even as the economy recovers.

Can anyone imagine even this positive a spin on higher unemployment claims if a Republican was in the White House? Would they keep insititng there was an economic recovery happening in the face of these continuing “unexpected” numbers? And of course, the story would be front page above-the-fold in every newspaper and leading the evening network news, instead of being buried on the business page.

And they wonder why they are losing readers!

rockmom on April 8, 2010 at 9:36 AM

Sure looks like this is all by design. What a mess we got ourselves into by giving evil people complete power over the masses. Blunder of epic proportion! How many times now have we seen this administration wage attacks against free people. Look at what the WH is doing right now to Glenn Beck; outright attack coming directly from the potus.

Pure Evil…..

Keemo on April 8, 2010 at 9:36 AM

Surprise!

Rode Werk on April 8, 2010 at 9:37 AM

The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce even as the economy recovers

How can they claim a recovery when people aren’t working to support the recovery?

thomasaur on April 8, 2010 at 9:38 AM


Think God the “adults” are in charge!!!


At a small business in Chesapeake, Maryland President Obama today said that the 5.7% jump in GDP last quarter “affirms” the progress in the economy.

“Today, we’ve stopped the flood of job losses. We’ve stabilized the financial system. And we can safely say that we’ve avoided that looming depression,” the president said of the GDP numbers, “we received a report that affirms our progress and the swift and aggressive actions that made it possible.”

Obama,Jan 30,2010

Senator Harry Reid said, “Today is a big day in America. Only 36,000 people lost their jobs today, which is really good.”

That is why I have moved quickly to work with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will immediately jumpstart job creation and long-term growth. …

Obama on passing the stimulus


What democrats promised:

THE JOB IMPACT OF THE AMERICAN RECOVERY AND REINVESTMENT PLAN
BY:
Christina Romer: Chair – Nominee- Designate
Council of Economic Advisors

Jared Bernstein: Office of the Vice-President elect

. The plan needs to include a range of components, such as direct government spending, state fiscal relief, and tax cuts to ensure that jobs are created quickly and throughout the economy.

. An aggressive recovery program is important for protecting all Americans from job loss, but
particularly for aiding those groups disproportionately hurt by the rise in the overall unemployment rate.


. A well designed recovery plan will not only create numerous jobs, but also many jobs paying
good wages and providing full-time employment.

whoa!!!!..that last bullet point is a right on the mark…

….emphasize “a well designed recovery plan” will accomplish these things…….
….so since they have not been accomplished…according to Obama’s own economic wizards….this recovery plan is a failure.

But we still got this from the “smart ones”….



At the core of this bill….it’s about JOBS…
This bill is about…..JOBS….JOBS…..JOBS!!!

Mn. Senator Amy Klobuchar



We are at such an economic crises in this country and we need to look at three things in this bill……JOBS….JOBS…JOBS!!!!!

Ca. Senator Barbra Boxer

JOBS….JOBS….JOBS…That’s the paramount goal of this legislation…
…………………..This is what President Obama has talked about…this is what he promised.

Ca. Rep. Xavier Becerra

Clearly creating jobs is a paramount goal of this legislation ….
RI. Sen. Sheldon Whitehouse

Thirteen months ago, Christina Romer and the aggregated economic advisers of Barack Obama claimed that the stimulus package they demanded from Congress would curtail unemployment by stimulating the economy, keeping the unemployment rate under 8% in 2009 and forcing in down throughout 2010. Yesterday, Romer essentially admitted that her analysis had completely failed.

…………..But when you listen to Mr. 57 states and his crew of zombies…it’s Bush’s fault and the stimulus is working!!!!!!

……”Yes We Can!!!!!”

Baxter Greene on April 8, 2010 at 9:38 AM

In other breaking news from the AP . . .

The sun unexpectedly rose in the East this morning!

King of the Britons on April 8, 2010 at 9:38 AM

The Stimulus worked!

kingsjester on April 8, 2010 at 9:39 AM

At one point under Bush there were over 40 consecutive months of employment growth. Obama promised 95,000 more jobs a month. He lied.
Michelle Malking writes of the weatherization jobs boondoggle.

seven on April 8, 2010 at 9:36 AM

Actually, I believe it was 52 months of consecutive job growth. That’s 4 years and 4 months, more than half of Bush’s time in office.

Meanwhile in 14 months as President, Obama has presided over an economy that has seen 2 non-consecutive months of positive job growth. And one of those months included Census gigs.

Doughboy on April 8, 2010 at 9:39 AM

Democrats unexpectedly lead Obama impeachment charge after heavy 2010 losses.

jeff_from_mpls on April 8, 2010 at 9:41 AM

Democrats unexpectedly lead Obama impeachment charge after heavy 2010 losses.

jeff_from_mpls on April 8, 2010 at 9:41 AM

Oh god… that would mean Biden as President. NOOOOOOOOOOOOOOOOOOOOOOOOoooooooooooooooooooooooooooooooooooo

Enoxo on April 8, 2010 at 9:43 AM

Breaking News:

Jobs for unicorn-wranglers yet to materialize.

Skittle sales unexpectedly slow.

Seventeen minute explanation anxiously anticipated.

Yoop on April 8, 2010 at 9:43 AM

Search google news for the word unexpectedly. It’s rediculous.

rollthedice on April 8, 2010 at 9:45 AM

Even *IF* I had the money and level of business to support another worker, I would be hard pressed to hire right now what with the Health Control up in the air and all the new taxes headed down. Granted, I’m small enough most of it goes way over me, but still.

So for the time being, assuming I can actually stay in business for much longer, I will continue being Chief, Cook, and Bottle Washer all at once. Talk about “sole proprietor.”

JamesLee on April 8, 2010 at 9:46 AM

Puerto Rico, now there was a shrewd investment. Second highest in unemployment and not even a state.

Hening on April 8, 2010 at 9:46 AM

Under this Red Commie regime, the move is to Central Planning. Under Central Planning and micromanaging, how can they allow unexpected reports?

seven on April 8, 2010 at 9:47 AM

AP and Reuters on November 3rd 2010: “Democrats unexpectedly swept out of power—socialist, free-loaders hardest hit.”

Rovin on April 8, 2010 at 9:47 AM

There will be no economic recovery until the Kenyan commie has been impeached, and his policies reversed completely.

Anyone who thinks there will be a real recovery any other way should stay well away from the voting booth in November, as you are part of the problem.

This nation will not survive in the form in which it was founded if Obama is allowed to serve out his first term.

Merely having the repubs take over all or part of congress will not be enough.

It’s put-up or shut-up time for America.

It’s either Obama or America. There cannot be both.

Dave R. on April 8, 2010 at 9:47 AM

“This is great news!”

-Harry Reid

Bishop on April 8, 2010 at 9:48 AM

The Kennedy Senate Seat was unexpectedly lost.
Greenspan unexpectedly reported the mortgage bubble and sub prime fiasco was caused by pressures from Congress. Dodd and Frank?
How unexpected.

seven on April 8, 2010 at 9:51 AM

In other news, sun unexpectedly rises in the East and sets in the West for the millionth straight day.

Wineaholic on April 8, 2010 at 9:51 AM

Hey, how’s Obama’s hard pivot to jobs workin’ out for ya?

Daggett on April 8, 2010 at 9:54 AM

Mr. Obama is not fit to be president. He had a chance and he blew it. Time to bring this charade to a close. Very few people will survive his antics for two and half more years.

I could care less about his ideology anymore. He can’t do the job.

sherry on April 8, 2010 at 9:54 AM

What amazes me is if you take the alphabet channels at face value, you would think that the recession/depression was over and life was back to “normal”.

VibrioCocci on April 8, 2010 at 9:55 AM

Please show me some pictures of the idiots that believe the vomit spewing from this administration . . . they will certainly be a sight to behold.

rplat on April 8, 2010 at 9:56 AM

Drop in benefit roles just means people are running out of benefits. Ugh. When is the media going to tell the truth? Oh, right, never.

andy85719 on April 8, 2010 at 9:58 AM

Soooo did the red head and the storm trooper find jobs?

SHARPTOOTH on April 8, 2010 at 9:59 AM

What amazes me is if you take the alphabet channels at face value, you would think that the recession/depression was over and life was back to “normal”.

VibrioCocci on April 8, 2010 at 9:55 AM

Well we keep seeing 85% approval ratings for the President and Congress from the “political class”. These people obviously aren’t living in the same world as the rest of us.

Doughboy on April 8, 2010 at 10:00 AM

OT: Just too good for words. http://www.breitbart.tv/sen-arlen-specter-forgets-which-team-hes-on/

Or too said. Specter forgets he is a Demonrat.

andy85719 on April 8, 2010 at 10:01 AM

That is, too sad.

andy85719 on April 8, 2010 at 10:02 AM

Speaking of expectations: Thanks should go out to Pelosi and her drones in the House, who promised their first action when taking over was to raise the minimum wage.

Results: 26.4% youth unemployment.

Teenage employment (16 to 19 years old) is officially 26.4 percent as of January, but the actual unemployment rate is much higher. More than half of young people aged 16-24—52.2 percent—do not have jobs, the highest since World War II. This includes those who are not looking for work, and are therefore not categorized as officially unemployed.

Wonder how the Democrats will spin this little factoid to all those “young skulls full of mush” in the fall ???

Rovin on April 8, 2010 at 10:02 AM

Well, at least all the newly unemployed will have free health care in four years.

Hope it was worth losing their jobs and probably not getting another one at all, or at least not as good.

Hope and spare change.

NoDonkey on April 8, 2010 at 10:04 AM

Maybe they should trot out that ever smiling a$$ clown Christina Romer to tell us all how good things really are….

PatriotRider on April 8, 2010 at 10:04 AM

Pivot…unexpected….historic….hopenchange….Boosh…

search4truth on April 8, 2010 at 10:05 AM

Enoxo on April 8, 2010 at 9:43 AM

Biden my be a few sandwiches short of a picnic but he doesn’t hate America the way Obama does.

chemman on April 8, 2010 at 10:05 AM

Soooo did the red head and the storm trooper find jobs?

SHARPTOOTH on April 8, 2010 at 9:59 AM

No. They moved to Calcutta.

BPD on April 8, 2010 at 10:06 AM

When the President wants you to have a job, you’ll have one.

The Right has to step up the narrative.

Speakup on April 8, 2010 at 10:07 AM

Rovin on April 8, 2010 at 10:02 AM

NPR did a story on youth unemployment the other day.

Not once did they mention the ridiculously high minimum wage as a possible factor.

The only solution of course, is more government programs.

So encourage private business to hire with a teeny carrot, while at the same time the Democrats are beating businessmen about the head, with a baseball bat.

We are led by morons, whose actions are “reported” on by bigger morons.

NoDonkey on April 8, 2010 at 10:07 AM

Biden my be a few sandwiches short of a picnic but he doesn’t hate America the way Obama does.

chemman on April 8, 2010 at 10:05 AM

I agree and I have no problem with Biden stepping in. At least the car would stay in neutral with him in the driver’s seat rather than speeding in reverse.

sherry on April 8, 2010 at 10:07 AM

chemman on April 8, 2010 at 10:05 AM

I don’t understand how some conservatives offer Biden as “impeachment insurance”.

I’d take Biden over Obama in an instant and we’d get to see Obama completely humiliated to boot.

NoDonkey on April 8, 2010 at 10:08 AM

Why all the fuss , can’t we all see that Barry is busy saving the world from itself.

This unemployment stuff is far less important than forcing us all into rationed health care and ridding the world of all those nasty weapons of mass destruction !

Sandybourne on April 8, 2010 at 10:09 AM

Pelosi said signing Health Insurance Reform Fiasco would immediately create 400,000 new jobs. She lied when she said that. Did she know she was lying?
It did create some new jobs. In India they are adding help desks to answer insurance company questions. Global outsourcing. They are hiring a few IRS agents to chase people in non compliance.

seven on April 8, 2010 at 10:09 AM

Ok GOP-this is going to make a heckova campaign commercial. Just go monthly and show the headlines-Unexpectedly Rise January,February …April, May,and so on. Then make the point if all this news is so unexpected, then why does Obama keep taking advice and touting support from these “leading” economists?

canditaylor68 on April 8, 2010 at 10:10 AM

The reason “unexpectedly” is used so often is because the media is in bed with big government and this administration.

They both drink the cool-aid of massive government being the solution to all economic problems.

When evidence comes out to the contrary, it is “unexpected”.

datadriver on April 8, 2010 at 10:11 AM

Money for the “youts” is on it’s way.Congress has proposed 600 billion dollars for summer “yout” employment programs.

sandee on April 8, 2010 at 10:12 AM

Ed, could you explain the difference between this report and the one last week where, what, nonfarm payroll employment increased by 162,000 in March but the unemployment rate remained at 9.7%?

If you’d make a note to explain how the 162k increase relates to “The 4-week moving average was 450,250, an increase of 2,250 from the previous week’s revised average of 448,000″, it would be much appreciated.

Dusty on April 8, 2010 at 10:14 AM

HA HA.

I read an article last night saying interest rates were rising quickly because the economy is on fire.

Yeah, about that….

angryed on April 8, 2010 at 10:14 AM

It’s only “unexpected” when you don’t know what the crap you’re doing.

AubieJon on April 8, 2010 at 10:15 AM

I’ll wait for Harry Reids comments……

jbh45 on April 8, 2010 at 10:17 AM

Wouldn’t the truth be much easier on the adverbs and eyes?

Lying is always a bumpy ride.

tarpon on April 8, 2010 at 10:17 AM

Where exactly is this “pivot to jobs”?

Not that it would work, but this clown is still talking about health care and this inane weapons reduction program.

Nothing about jobs.

The best possible thing would be for our OJT-in-Chief to get out of the way, but that may be more than we can hope for.

NoDonkey on April 8, 2010 at 10:19 AM

It doesn’t bother anyone that 1.6 million-plus people files for unemployment benefits each month?

That adds up to 25.6 million-plus applications.

Nearly 10% of Americans (not WORKING Americans, but Americans) have filed for unemployment benefits since Obama took office.

uknowmorethanme on April 8, 2010 at 10:19 AM

NoDonkey on April 8, 2010 at 10:08 AM

Exactly.

Vashta.Nerada on April 8, 2010 at 10:19 AM

uknowmorethanme on April 8, 2010 at 10:19 AM

Uh the real number is closer to ~17-18%. You have to go to the BLS website and search for the U6 numbers. They are the “real” unemployment numbers, but they normally haven’t been reported since about 1980 or so.

Johnnyreb on April 8, 2010 at 10:22 AM

During the Bush years, the MSM constantly beat the drum that the economy was in the toilet. And unemployment was at 5%. Now the MSM constantly beats the drum that ‘the economy is recovering’, and unemployment continues to hover around 10%.

Any wonder they HAVE NO CREDIBILITY?

GarandFan on April 8, 2010 at 10:23 AM

Hey, Champ, about that “hard pivot” toward job creation…

B+.

GrannyDee on April 8, 2010 at 10:25 AM

Just imagine how much worse it would be if we hadn’t had the stimulus!!!

/libtard

cntrlfrk on April 8, 2010 at 10:25 AM

Obama’s legacy.

daesleeper on April 8, 2010 at 10:26 AM

“If you like your doctor you can keep your doctor.”

“If you like your policy you can keep your policy.”

“If you like your job you can… ah-h-h, did you see that pitch?.”

Yoop on April 8, 2010 at 10:29 AM

King of the Britons on April 8, 2010 at 9:38 AM

Well after cleaning up my shirt and keyboard, after snorting hot tea through my nose, THANKS!

LMAO!!!!

belad on April 8, 2010 at 10:33 AM

Where exactly is this “pivot to jobs”?

Not that it would work, but this clown is still talking about health care and this inane weapons reduction program.

Nothing about jobs.

NoDonkey on April 8, 2010 at 10:19 AM

C’mon, what about that $30 billion “jobs bill” he signed into law last month? It’s probably created ones of jobs out there. Give the man some credit.

Doughboy on April 8, 2010 at 10:41 AM

Uh the real number is closer to ~17-18%. You have to go to the BLS website and search for the U6 numbers. They are the “real” unemployment numbers, but they normally haven’t been reported since about 1980 or so.

Johnnyreb on April 8, 2010 at 10:22 AM

Unrelated to my post.

uknowmorethanme on April 8, 2010 at 10:44 AM

Rovin on April 8, 2010 at 10:02 AM

My teenager has been looking for a part-time job since January. Of course, he doesn’t have any skills that are worth $8 an hour. I’m trying to get a neighbor who owns a landscaping business to hire him on a cash basis for $5 an hour, but he is afraid of getting caught by Hilda Solis and her Labor Police.

rockmom on April 8, 2010 at 10:49 AM

Hey, does anybody remember when Obama was going to do a “hard pivot” to jobs and the economy at the beginning of this year? Instead, he focused on passing healthcare, and now that it’s passed, he’s still trying to sell it. He focused on negotiating a nuclear arms reduction treaty and disarming America (woohoo). What happened to the “hard pivot”?

JohnInCA on April 8, 2010 at 11:17 AM

Puerto Rico, now there was a shrewd investment. Second highest in unemployment and not even a state.

Hening on April 8, 2010 at 9:46 AM

I thought it was one of the 57;)

Laura in Maryland on April 8, 2010 at 11:25 AM

Always the standard adjustment with this Admin. Release some phony figures for the LSM to report on as a headline story, then come back later with revised figures for the LSM to hide late in the broadcast or tucked away nicely in the print media.

Kermit on April 8, 2010 at 11:35 AM

rockmom on April 8, 2010 at 10:49 AM

My son is trying to get a job too. Nobody is hiring and the few that are hiring want you to be 18 or older. So he has a few months to go. There is nothing out there for the teenagers. We are now in a small town so jobs are limited.

Brat4life on April 8, 2010 at 12:00 PM

At a small business in Chesapeake, Maryland President Obama today said that the 5.7% jump in GDP last quarter “affirms” the progress in the economy.

“Today, we’ve stopped the flood of job losses. We’ve stabilized the financial system. And we can safely say that we’ve avoided that looming depression,” the president said of the GDP numbers, “we received a report that affirms our progress and the swift and aggressive actions that made it possible.”
Obama,Jan 30,2010

–FYI, I would expect the Q1 GDP increase to be in the range of 4-5% based on some of the things I’ve read.

Jimbo3 on April 8, 2010 at 12:02 PM

My teenager has been looking for a part-time job since January. Of course, he doesn’t have any skills that are worth $8 an hour. I’m trying to get a neighbor who owns a landscaping business to hire him on a cash basis for $5 an hour, but he is afraid of getting caught by Hilda Solis and her Labor Police.

rockmom on April 8, 2010 at 10:49 AM

–Why doesn’t he volunteer to cut people’s lawns himself for $X a yard (assuming he’s not taking clients away from your neighbor)?

Jimbo3 on April 8, 2010 at 12:04 PM

Give the man some credit.

Doughboy on April 8, 2010 at 10:41 AM

He’s a credit to his race.

Of half-white, half-wits.

NoDonkey on April 8, 2010 at 12:26 PM

–Why doesn’t he volunteer to cut people’s lawns himself for $X a yard (assuming he’s not taking clients away from your neighbor)?

I’d give my kid a pat on the back if he could manage to steal business from an established competitor.

You want to solve the teenage unemployment problem? Eliminate the minimum wage as well as all salary withholdings. Let high school kids compete with illegals who get paid in cash and are allowed to freely negotiate the terms of their employment. Make them more attractive to employers who would no longer have to incur the ridiculously high, non-payroll expense of hiring someone.

As high-schoolers, my lily-white parents used to make decent money picking crops part time, and they got paid in cash. Kids today (I cant’ believe I just wrote that) would do very well to get some physical labor instead of standing behind the counter at McDonald’s.

TheMightyMonarch on April 8, 2010 at 12:31 PM

Someone at the AP needs to be ‘executed’ for being that stupid, so often. Have they no shame?

Schadenfreude on April 8, 2010 at 12:32 PM

TheMightyMonarch on April 8, 2010 at 12:31 PM

As I wrote earlier, it’s not something the left will even slightly consider. NPR did a huge story on youth unemployment and not once did they mention the minimum wage as being a barrier.

The left will sacrifice the young to protect their failed ideaology and their union hack buddies, bottom line.

NoDonkey on April 8, 2010 at 12:34 PM

Hey, how’s Obama’s hard pivot to jobs workin’ out for ya?

Daggett on April 8, 2010 at 9:54 AM

He had his fingers crossed when he said it, so it doesn’t count.

BobMbx on April 8, 2010 at 1:22 PM

The number of people actually unemployed has only increased since Obama got elected. The government claims the rate has decreased by using CRU and NASA style math tricks. Except in this case they are hiding the INCREASE.

dogsoldier on April 8, 2010 at 2:14 PM

Ed, could you explain the difference between this report and the one last week where, what, nonfarm payroll employment increased by 162,000 in March but the unemployment rate remained at 9.7%?

If you’d make a note to explain how the 162k increase relates to “The 4-week moving average was 450,250, an increase of 2,250 from the previous week’s revised average of 448,000″, it would be much appreciated.

Dusty on April 8, 2010 at 10:14 AM

They’re numbers from 3 different sources (household survey for unemployment rate, business survey and statistical models for jobs, and first time claims for unemployment for new jobless claims) so they don’t often all match up.

jarodea on April 8, 2010 at 2:16 PM

–FYI, I would expect the Q1 GDP increase to be in the range of 4-5% based on some of the things I’ve read.

Jimbo3 on April 8, 2010 at 12:02 PM

And? Double dips have to have a local maximum by definition. 5.7% and 4-5% “growth” didn’t do much for the job situation anyways (and shouldn’t have been expected to since it was mostly inventory restocking and govt largesse). Now we’ll see how things go with the expected much slower growth, rising interest rates since the Fed is done printing money (at the moment at least), O-care and tax hikes having to be priced in, and financial shocks such as Greece just waiting to hit.

jarodea on April 8, 2010 at 2:22 PM

Apparently the AP is just running the same story over and over again, with slight changes to the numbers.

I have relatives that have been out of work for a year. That the AP keeps reporting bad unemployment numbers as unexpected is beginning to annoy me.

theCork on April 8, 2010 at 2:38 PM

–FYI, I would expect the Q1 GDP increase to be in the range of 4-5% based on some of the things I’ve read.

Jimbo3 on April 8, 2010 at 12:02 PM

You go to the bank with that and you won’t have a pot to urinate in come Q2.

This economy is contracting fast, no one is hiring with the insane clown posse in charge of an overreaching, corrupt and incompetent White House and Congress.

NoDonkey on April 8, 2010 at 2:56 PM

This economy is contracting fast, no one is hiring with the insane clown posse in charge of an overreaching, corrupt and incompetent White House and Congress.

NoDonkey on April 8, 2010 at 2:56 PM

Yes, but…..

You forgot that this guy is doing everything possible to choke off job creation. More debt, more taxes, more regulation, attacking business, and expanding welfare.

Redistribution? From where to where? Crazy stuff.

saiga on April 8, 2010 at 3:07 PM

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