Oh my: Weekly jobless claims rise to 439K

posted at 9:41 am on November 15, 2012 by Ed Morrissey

Usually, people give too much weight to small changes in the weekly jobless claims rate.  Since the spring of 2011, we have seen a range of 360K-380K claims per week, with only occasional outliers, usually within 2-3% of the range.  The individual week number is somewhat less meaningful as an indicator than the range, and the trend.

Most of the above doesn’t apply to today’s report, however, as the adjusted number of jobless claims leaped upward by 78,000 to hit 439,000 — the highest level in almost two years:

In the week ending November 10, the advance figure for seasonally adjusted initial claims was 439,000, an increase of 78,000 from the previous week’s revised figure of 361,000. The 4-week moving average was 383,750, an increase of 11,750 from the previous week’s revised average of 372,000.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 3, an increase of 0.1 percentage point from the prior week’s revised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 3 was 3,334,000, an increase of 171,000 from the preceding week’s revised level of 3,163,000. The 4-week moving average was 3,254,500, an increase of 17,750 from the preceding week’s revised average of 3,236,750.

If you’re wondering whether seasonal adjustments might have impacted the report, think again.  The seasonal adjustments at this time of year work in the opposite direction; the unadjusted number went up by six figures — 104,548.  Also unadjusted, this week had 103,000 more claims than the similar week last year, an increase of almost a third.

Don’t blame Sandy for this, either, at least not entirely [see update].  The states impacted most by the hurricane didn’t make it onto the list of biggest increases, save for New Jersey and Connecticut — but claims there only jumped up by 5,675 and 1,783, respectively and unadjusted.  Clearly, these two states aren’t the biggest cause for a jump of 104,000 claims.  Both Pennsylvania (7,766) and Ohio (6,450) lost more jobs, thanks to layoffs in manufacturing and other industries.

That didn’t stop the Department of Labor from claiming that the increase came from Hurricane Sandy, though:

Super storm Sandy drove U.S. weekly jobless claims up to 439,000, while consumer prices rose slightly last month as higher rents and costlier food offset cheaper gas.

Sandy drove the number of people seeking unemployment benefits up to a seasonally adjusted 439,000 last week, the highest level in 18 months.

The Labor Department said applications increased by 78,000 because a large number of applications were filed in states damaged by the storm. People can claim unemployment benefits if their workplaces close and they don’t get paid.

If that’s true, their own report doesn’t reflect it.  The two most impacted states from Sandy contributed less than 8% of the overall unadjusted increase, which is shown in the table of their own press release.  There were more new claims in Pennsylvania alone than in New Jersey and Connecticut combined.  New York actually had a decrease in claims (-2,241) due to the storm, thanks to infrastructure that couldn’t rebound in time to process them — but expect those to show up next week.

This could be an anomaly, as any single data point in this series might be.  However, it doesn’t bode well for holiday hiring that we had this large bump at the beginning of November, and it might signal a very quiet retail period ahead.

Update: Actually, those numbers at the end are for the previous week’s report (ending 11/3), so Sandy may well be the driver this week.  We’ll know more in next week’s report.  Do note, though, that the hurricane hit the week before that.

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Elections have consequences.

Bishop?

PetecminMd on November 15, 2012 at 9:44 AM

Do note the DOL table reflects the excuses for the prior week (11/3). We’ll have to wait until next week to get the excuses for this week’s increases.

Steve Eggleston on November 15, 2012 at 9:44 AM

Circling the drain.

But hey look, free condoms!!

ICanSeeNovFromMyHouse on November 15, 2012 at 9:45 AM

Get used to it. This is the ‘new normal’ we were told about. Get ready for the pain.

jonrademacher on November 15, 2012 at 9:45 AM

The president didn’t mention anything about jobs in his talk yesterday, did he? I’m sure the reporters meant to ask him what his plan was to create 12 zillion jobs, you know, the ones he was campaigning about for the last 3.5 years? Maybe in 2.5 years when he gives another press conference he’ll mention unemployment.

scalleywag on November 15, 2012 at 9:45 AM

Sandy is the new Bush.

Weight of Glory on November 15, 2012 at 9:46 AM

Only the beginning. It would be wise to invest in a company that produces red ink!

Deano1952 on November 15, 2012 at 9:46 AM

They are very likely doing a ‘catch-up’ report for jobless claims conveniently left off of the last two months reports. Election is over; time to quit hiding things.

michaelo on November 15, 2012 at 9:46 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Headlines are blaming Sandy. The media are a total disgrace.

Wigglesworth on November 15, 2012 at 9:46 AM

This is sad and all…but women still have their sex pills, so take that jobless people.

Weight of Glory on November 15, 2012 at 9:47 AM

“My prediction? P A I N”

phreshone on November 15, 2012 at 9:47 AM

Unexpectedly!

Of COURSE the claims rise. Now that the election’s over, the media has to try to reclaim credibility.

Good luck with that.

Washington Nearsider on November 15, 2012 at 9:47 AM

scalleywag on November 15, 2012 at 9:45 AM

Right after the SOTU address he will give us his boilerplate “pivoting to jobs” spiel. He is so wonderful!!

Deano1952 on November 15, 2012 at 9:48 AM

I’m *shocked* to see official government measures of the economy start to tank the week after election day.

LukeinNE on November 15, 2012 at 9:48 AM

Sandy? No. This is what they voted for. “The people have spoken.”

Eren on November 15, 2012 at 9:48 AM

Double dip methinks.

Illinidiva on November 15, 2012 at 9:48 AM

Both Pennsylvania (7,766) and Ohio (6,450) lost more jobs, thanks to layoffs in manufacturing and other industries.

Gee, could they be losing jobs in the coal industry by any chance? Nice job fellas voting to reelect Obama.

Doughboy on November 15, 2012 at 9:48 AM

it doesn’t matter who is President, the economy will create 12 million new jobs anyway/

keep Obama in president

Slade73 on November 15, 2012 at 9:49 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Hey patriot, did you see the story about Denny’s?

You will love it.

Florida based restaurant boss John Metz, who runs approximately 40 Denny’s and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers’ bills and will reduce his employees’ hours.

With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is ‘the only alternative. I’ve got to pass on the cost to the customer.’

Pay attention to that last line that is kinda slanted.

Do you understand that? A simple yes or no will suffice.

tom daschle concerned on November 15, 2012 at 9:49 AM

President JobTaker

Electrongod on November 15, 2012 at 9:49 AM

Both Pennsylvania (7,766) and Ohio (6,450) lost more jobs, thanks to layoffs in manufacturing and other industries.

Nice job, blue states…you just voted for more of this. Suckers.

changer1701 on November 15, 2012 at 9:50 AM

Well they had been fudging the numbers pre-election.. No need to do that anymore. Banana republic reporting.

Hannibal on November 15, 2012 at 9:50 AM

And the headline on NBC News tonight is: “More good new for President Obama, unemployment only went up……..”

bflat879 on November 15, 2012 at 9:50 AM

Double dip methinks.

Illinidiva on November 15, 2012 at 9:48 AM

The Eurozone is already there.

Steve Eggleston on November 15, 2012 at 9:50 AM

I think that business owners should list costs of compliance and all taxes into their bills so you can see how much that Super Slam or Ipad costs due to gov’t.

tom daschle concerned on November 15, 2012 at 9:50 AM

Why do the numbers have to reflect what the labor department claims? Do they really always? Most schlubs aren’t going to bother investigating beyond the lies the slimestreamers feed them. And just wait to see what the numbers look like in January after the holiday season layoffs plus more Obamascare layoffs.

stukinIL4now on November 15, 2012 at 9:50 AM

Yes, it was Sandy.

Barack Sandy Obama.

backwoods conservative on November 15, 2012 at 9:51 AM

That didn’t stop the Department of Labor from claiming that the increase came from Hurricane Sandy, though

Leave Sandy alone. She’s a girl. If you want to go after somebody, you should go after me. To besmirch her reputation is outrageous.

forest on November 15, 2012 at 9:52 AM

At least Hillary is in Australia tasting wine..

Electrongod on November 15, 2012 at 9:52 AM

At least Hillary is in Australia tasting wine..

Electrongod on November 15, 2012 at 9:52 AM

With her BFF America hating reprobate Panetta.

tom daschle concerned on November 15, 2012 at 9:53 AM

Weight of Glory on November 15, 2012 at 9:47 AM

Without a job at least the poor will have lots of time for sex so it would be wise for us to provide contraception so they don’t increase their voting block.

Deano1952 on November 15, 2012 at 9:53 AM

Dang..

At this rate…

Obama is going to inherit a disaster come January.

Electrongod on November 15, 2012 at 9:54 AM

forest on November 15, 2012 at 9:52 AM

tee hee

Obama’s got a binder full of Sandys to blame, I’m sure

Slade73 on November 15, 2012 at 9:54 AM

Living in SC, I’m still always amused when they call a CAT 1 hurricane a super storm.

Lets see how they’d deal with a Hugo or Andrew.

Archades on November 15, 2012 at 9:54 AM

I think that business owners should list costs of compliance and all taxes into their bills so you can see how much that Super Slam or Ipad costs due to gov’t.

tom daschle concerned on November 15, 2012 at 9:50 AM

Denny’s is sort of doing that already. They’re going to add an Obamacare surcharge to the bill. I don’t think it’ll actually say “Obamacare surcharge”, but they’re informing their customers in advance exactly why it’s going to cost more to dine there. BTW, they’re also cutting their full-time employees’ hours down to part-time.

And for any leftist trolls on here threatening boycotts, you better be prepared to starve until 2017, cuz this will be happening at the vast majority of restaurants and supermarkets.

Doughboy on November 15, 2012 at 9:55 AM

Just curious: why the “Oh my”? Normally that is a celebratory expression.

Ted Torgerson on November 15, 2012 at 9:56 AM

Deano1952 on November 15, 2012 at 9:53 AM

heh.

Weight of Glory on November 15, 2012 at 9:58 AM

FORWARD!

Good Lt on November 15, 2012 at 9:58 AM

Obama related job losses. Of course he will blame the superstorm.

Philly on November 15, 2012 at 9:59 AM

Without a job at least the poor will have lots of time for sex so it would be wise for us to provide contraception so they don’t increase their voting block.

Deano1952 on November 15, 2012 at 9:53 AM

Anything short of implantable BC or surgical sterilization is a complete waste of money. When there’s cash bonuses for reproduction and welfare bennies out the yin-yang, the incentive for the poor not to breed like rabbits is very small.

MelonCollie on November 15, 2012 at 10:00 AM

My husband was one of them. He came to work Tuesday, and was told the manglement wanted to meet with him. In the lobby, he struck up a conversation with a new hire, still in the uniform for her other job at the city jail. She was uninterested in becoming full-time with his company, he learned, as she already had a job that gave her benefits.

When in the meeting, he got some shuck-and-jive about complaints by un-nameable (and frankly, nonexistent) customers, and was fired. The new part-timer, and possibly another part-timer were totally not his replacement, no sirree, why would he be thinking that?

And he’s a nurse. They are laying off nurses in order not to pay for their 0bamacare plans. A friend of mine’s wife with her new teaching cert can’t find a job. Nobody is safe.

Sekhmet on November 15, 2012 at 10:00 AM

IF THERE IS A GOD, THE 439,000 FOLKS WHO LOST THEIR JOB ALL VOTED FOR BARRY HUSSEIN.

SDarchitect on November 15, 2012 at 10:00 AM

The election is over and the numbers don’t have to cooked. I “won” again.

Oil Can on November 15, 2012 at 10:01 AM

SHOCKED – only not.

gophergirl on November 15, 2012 at 10:01 AM

Sekhmet on November 15, 2012 at 10:00 AM

So sorry!

gophergirl on November 15, 2012 at 10:02 AM

the incentive for the poor not to breed like rabbits is very small.

MelonCollie on November 15, 2012 at 10:00 AM

once again Idiocracy proves remarkably precient

Slade73 on November 15, 2012 at 10:02 AM

Living in SC, I’m still always amused when they call a CAT 1 hurricane a super storm.

Lets see how they’d deal with a Hugo or Andrew.

Archades on November 15, 2012 at 9:54 AM

Yeah but people in the South are smart enough to order mandatory evacuations and act like you’ve got a storm coming. Those stupid people in NY and NJ acted as if this wasn’t all a big deal and the only evacuations were areas prone to flooding. Simply put, they were done in by their own arrogance.

Happy Nomad on November 15, 2012 at 10:02 AM

This must be a racist site to bring up that new claim information. Just another one of those right wing dog whistle.

pwb on November 15, 2012 at 10:02 AM

I expect things to get even worse. Hold on folks, we are going down the drain.

African-American unemployment is bound to rise at even a faster rate.

SC.Charlie on November 15, 2012 at 10:04 AM

I’m sure this is just a coincidence that we’re seeing this kind of number *after* the election, after a few rounds of reporting that were bogusly good *before* the election.

Midas on November 15, 2012 at 10:06 AM

Big Bird Alive, US Jobs Dead! Well done Pennsylvania,Ohio, Virginia, Florida, Colorado,Nevada.

Inflation rises. Recession knocking at the door. You voted for, you own it! Me and mine will cling to our God, guns and gold.

Rockshine on November 15, 2012 at 10:07 AM

This is only the beginning, the speed of your descending rotational speed will increase as a power function as you continue to spin down the fiscal drain. Thank you enlightened, parasitic voters you really stuck it to us this time.

rplat on November 15, 2012 at 10:07 AM

The president didn’t mention anything about jobs in his talk yesterday, did he?

scalleywag on November 15, 2012 at 9:45 AM

Yeah- his.

Other than that and a bit of thuggery over somebody calling a lying partisan whore a lying partisan whore….. it was his campaign riff on raising taxes on the rich so his moochers can get more free stuff.

Happy Nomad on November 15, 2012 at 10:07 AM

Has Cleveland got the electricity back yet?

How’s the flooding in Pittsburgh? Did they get everyone rescued yet?

Laura in Maryland on November 15, 2012 at 10:07 AM

Heh. This is just a harbinger of future delights. Expect to see some huge jobless claims after Obamacare kicks in.

Scriptor on November 15, 2012 at 10:08 AM

Does “Blame Sandy” come with an experation date ?

Jabberwock on November 15, 2012 at 10:09 AM

Update: Actually, those numbers at the end are for the previous week’s report (ending 11/3), so Sandy may well be the driver this week. We’ll know more in next week’s report. Do note, though, that the hurricane hit the week before that.

Hahaha. The Bald Avenger maintaining his perfect record!

This is just like 1979, the electorate is D +3, the polls are skewed…

Why would anyone look to you for knowledge. What proof do you have that you even know the first thing about anything you blather on about? Not only are you always wrong you are lazy about it.

The schadenfreude is getting a little stale but it is still f-n delicious.

tommyhawk on November 15, 2012 at 10:10 AM

It isn’t that we are just slumping into a european type democracy, the good guys are gone. Most nations are led by utter fools and evil people. The world is about to get very bloody and dark. The more I peruse the world news wires, the furthur along I realize we are.

tom daschle concerned on November 15, 2012 at 10:10 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Last time I checked, taxpaying, for-profit entities in the US had not been nationalized for the purpose of paying out Obama welfare benefits. These entities pay income taxes precisely because they aren’t organized and operated for a tax-exempt purpose.

BuckeyeSam on November 15, 2012 at 10:10 AM

A lot of businesses have been in a holding pattern to see what would happen in the election. I personally think we’ll be seeing an uptick in layoffs and unemployment at least until next summer.

ButterflyDragon on November 15, 2012 at 10:10 AM

Whatever happens Liberalism will not be blamed. If the country goes down then its the fault of capitalism or its because the American people aren’t smart enough to make Liberalism work.

ChunkyLover on November 15, 2012 at 10:11 AM

I expect things to get even worse. Hold on folks, we are going down the drain.

African-American unemployment is bound to rise at even a faster rate.

SC.Charlie on November 15, 2012 at 10:04 AM

That’s heartbreaking. Especially since so few of them voted for the current regime….oh wait.

Doughboy on November 15, 2012 at 10:11 AM

Sekhmet on November 15, 2012 at 10:00 AM

I’m so sorry. My hubby went through that in the spring. I hope everything works out soon.

If you don’t mind living in a red enclave in blue state hell, Maryland is a mecca for health care, and Harford County is pretty deep red.

Laura in Maryland on November 15, 2012 at 10:11 AM

Heh. This is just a harbinger of future delights. Expect to see some huge jobless claims after Obamacare kicks in.

Scriptor on November 15, 2012 at 10:08 AM

It won’t be that long. Once we go over the fiscal cliff in January, the number of jobless will spike exponentially.

Happy Nomad on November 15, 2012 at 10:11 AM

IF THERE IS A GOD, THE 439,000 FOLKS WHO LOST THEIR JOB ALL VOTED FOR BARRY HUSSEIN.

SDarchitect on November 15, 2012 at 10:00 AM

Don’t I wish. Unfortunately that’s probably not the case.

“That ye may be the children of your Father which is in heaven: for he maketh his sun to rise on the evil and on the good, and sendeth rain on the just and on the unjust.”

Matthew 5:4

once again Idiocracy proves remarkably precient

Slade73 on November 15, 2012 at 10:02 AM

Idiocracy was a prophecy in movie form, right up to the portrayal of the President. Completely spot on.

MelonCollie on November 15, 2012 at 10:11 AM

Name one Nation on this planet that is led by an honest, uncorrupted leader.

Is there one?

tom daschle concerned on November 15, 2012 at 10:12 AM

I expect things to get even worse. Hold on folks, we are going down the drain.

African-American unemployment is bound to rise at even a faster rate.

SC.Charlie on November 15, 2012 at 10:04 AM

The race hustlers will blame all those cracker employers.

BuckeyeSam on November 15, 2012 at 10:13 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Then you hire them genius. I’m sure you employ thousands of people already since you know how easy it is to just make up the difference in compliance costs.

I expect full employment next week. Stop screwing your countrymen over and hire them.

ButterflyDragon on November 15, 2012 at 10:16 AM

Name one Nation on this planet that is led by an honest, uncorrupted leader.

Is there one?

tom daschle concerned on November 15, 2012 at 10:12 AM

Their’s an argument for limited government.

ChunkyLover on November 15, 2012 at 10:16 AM

Living in SC, I’m still always amused when they call a CAT 1 hurricane a super storm

Archades on November 15, 2012 at 9:54 AM

I’m sympathetic to the victims, who won’t get the coverage they deserve because the press doesn’t want to hurt their boyfriend, but yeah, that’s just silly. It was bad, but if Sandy was a superstorm, what were Katrina and Andrew? Superduperstorms? Ultrastorms?

thebrokenrattle on November 15, 2012 at 10:17 AM

I expect things to get even worse. Hold on folks, we are going down the drain.

African-American unemployment is bound to rise at even a faster rate.

SC.Charlie on November 15, 2012 at 10:04 AM

Sadly, there exist both an enormous disconnect and willing suspension of disbelief within the African-American community. Black teenage unemployment and unemployment/underemployment in the 18-29 age group are over 20%; yet, in the days prior to the election, I saw a poll where 57% of young African-American adults thought the country was headed in the right direction.

It is grotesquely sad.

Resist We Much on November 15, 2012 at 10:17 AM

Sandy is the cover…

It’s Obamacare…

MGardner on November 15, 2012 at 10:17 AM

I’ve been sickened by the elections results and have sort of resigned myself to stuff like this happening. This is just the beginning. There is nothing that is going to get better. The country is doomed as long as we have a president who is totally clueless about how jobs are created. Batten down the hatches for the next 4 years. If it wasn’t for my 2 kids I’d just be content to sail into the sunset. The voters in this country are stupid.

COgirl on November 15, 2012 at 10:17 AM

Green shoots.

petefrt on November 15, 2012 at 10:18 AM

Gird your loins! Don your bomber jackets!

Bishop on November 15, 2012 at 10:19 AM

Hahaha. The Bald Avenger maintaining his perfect record!

This is just like 1979, the electorate is D +3, the polls are skewed…

Why would anyone look to you for knowledge. What proof do you have that you even know the first thing about anything you blather on about? Not only are you always wrong you are lazy about it.

The schadenfreude is getting a little stale but it is still f-n delicious.

tommyhawk on November 15, 2012 at 10:10 AM

Yeah enjoy your communist utopia fool… Why should you care anywa… you are either living on tax payers expense or living on your parents expense… In other word a parasite like should not care until of course the host cannot provide you anymore and then you will starve…

mnjg on November 15, 2012 at 10:19 AM

Resist We Much on November 15, 2012 at 10:12 AM

That was an awesome cartoon. If Ramirez sold T-shirts, I’d get one for everyone I know for Christmas.

Laura in Maryland on November 15, 2012 at 10:19 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

STFU, f@#$tard. You wouldn’t recognize reality if it crapped on your head and hit you with a 2×4. Businesses are doing what they have to do to survive in the new climate created by your moronic mindset. Everyone’s been saying this is the inevitable outcome of leftist policies – quit being surprised when it happens – as it always has historically.

Sick to death of you f@#$ing morons.

Midas on November 15, 2012 at 10:19 AM

Barry and his minions can spin all they want. Cold, hard REALITY has another message. Just like the stock market.

GarandFan on November 15, 2012 at 10:21 AM

Headlines are blaming Sandy. The media are a total disgrace.

Wigglesworth on November 15, 2012 at 9:46 AM

Well, they might actually be on to something there, if Sandy is the name of the person at the Bureau of Labor Statistics who is cooking the books for the 0bama administration.

UltimateBob on November 15, 2012 at 10:21 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Nancy Pelosi has a vineyard, maybe she can take on a few extra thousand workers. Or Michael Moore, certainly his production company can afford 300 workers to just stand around and hold stuff.

Is your economic acumen really that shallow?

Bishop on November 15, 2012 at 10:21 AM

I’ve been sickened by the elections results and have sort of resigned myself to stuff like this happening. This is just the beginning. There is nothing that is going to get better. The country is doomed as long as we have a president who an electorate that is totally clueless about how jobs are created. Batten down the hatches for the next 4 years. If it wasn’t for my 2 kids I’d just be content to sail into the sunset. The voters in this country are stupid.

COgirl on November 15, 2012 at 10:17 AM

FIFY.

Scriptor on November 15, 2012 at 10:22 AM

Their’s an argument for limited government.

ChunkyLover on November 15, 2012 at 10:16 AM

???

tom daschle concerned on November 15, 2012 at 10:23 AM

Come on, guys, he did just inherit this mess.

redzap on November 15, 2012 at 10:23 AM

Will he or won’t he…

SWalker on November 15, 2012 at 10:23 AM

IF THERE IS A GOD, THE 439,000 FOLKS WHO LOST THEIR JOB ALL VOTED FOR BARRY HUSSEIN.

SDarchitect on November 15, 2012 at 10:00 AM

Like in Philly where apparently not a single vote was cast for Romney, not one. O_o

If that entire city were to collapse into a sinkhole they would still blame Dubya.

Bishop on November 15, 2012 at 10:24 AM

No, No, No! It’s still Boooooshes fault. Sandy’s Fault doesn’t start till after 2014.

Herb on November 15, 2012 at 10:24 AM

Living in SC, I’m still always amused when they call a CAT 1 hurricane a super storm.

Lets see how they’d deal with a Hugo or Andrew. – Archades on November 15, 2012 at 9:54 AM

I was living in Sumter at the time of Hugo. We got a direct hit from Hugo even though we were one hundred miles inland. The power was off for about two weeks. Thankfully, it did hit on September 21st. I can stand the heat, but I could not stand the cold these folks are going through. Cleanup in Sumter was completed around Thanksgiving.

SC.Charlie on November 15, 2012 at 10:24 AM

Probably all those patriotic rich “job creators” who are laying off workers as part of their Obamacare temper tantrum.

cornfedbubba on November 15, 2012 at 9:46 AM

Typical communist SOB… Business owners do not build a business to hire people, they build it to make profit, and once they make profit they can hire more people… If they do not make profit, they hire less people or they fire some of the people they employ in order to cut their losses… So tax the business owners (the “rich”), they will make less money, and then they are forced to lay off people or not hire people… It is simple business 101 and human nature but you communist fools never understood either and that is why communism failed anywhere and anytime it was tried but it failure was at the terrible expense of hundred of millions of innocent people…

mnjg on November 15, 2012 at 10:25 AM

From the WSJ:

People seeking unemployment benefits increased by 78,000 to a seasonally adjusted 439,000 in the week ended Nov. 10, the Labor Department said Thursday. Economists surveyed by Dow Jones Newswires expected 375,000 new applications for jobless benefits.

How could economists be so far off? Yeah, they’re often wrong, but not this much. Like Ed, did they have trouble with a Sandy/not Sandy factor?

bobs1196 on November 15, 2012 at 10:25 AM

If this is what happens when O focuses on the economy and jobs, we did better when he focused on his golf game 24/7

gatorboy on November 15, 2012 at 10:25 AM

Speaking of numbers, here’s a CNN fact check for ya

The Bureau of Labor Statistics confirms that a lot of jobs have been created under Obama’s leadership — 4.4 million by the bureau’s latest count. What Obama did not say, however, was that the nation shed 4.3 million jobs during the early days of his term, and that the net gain since he took the oath of office in January 2009 is just 125,000 jobs.

Ooooopsie, he never mentioned that part in his stumps now did he?

My brother was a successful programmer for decades. He hasn’t had but a minimal amount of contracts in the last 3 years. My other brother retired before he was to be laid off. At 56 yrs old I don’t know that he’ll ever find work again. I myself work two jobs to make ends meet and was hoping I could quit the second one at some point but it doesn’t look like that will happen anytime soon. But I am thankful for both jobs.

scalleywag on November 15, 2012 at 10:26 AM

Canney has a crib-sheet for this:

Explanations for reports of ‘unexpected rises in unemployment’

- Hurriances
- Oil Companies
- Tsunamis
- Middle East
- Wall Street
- BOOOOOOOOOOOSH!
- Racism
- Global Warming
- 2 illegal unfunded wars PLUS BOOOOOOSH!
- Millionaires and Billionaires
- Republican Obstructionism
- The urgent need for more ‘Stimulus’

I probably missed some but those are the core.

Whatever – it will never, ever, be attributable to this Regime’s liberty destroying experiment in socialist tyranny and willful economic destruction

CorporatePiggy on November 15, 2012 at 10:27 AM

I

F THERE IS A GOD, THE 439,000 FOLKS WHO LOST THEIR JOB ALL VOTED FOR BARRY HUSSEIN. – SDarchitect on November 15, 2012 at 10:00 AM

Like in Philly where apparently not a single vote was cast for Romney, not one. O_o

If that entire city were to collapse into a sinkhole they would still blame Dubya. – Bishop on November 15, 2012 at 10:24 AM

According to Democrats there is not enough voter fraud to concern ourselves with. I am moving to Colorado and going to just sit back and smoke weed until this country falls apart under our Dear Leader’s incompetence.

SC.Charlie on November 15, 2012 at 10:30 AM

Sooo, blaming the Sandy Vagbama for job loss huh, figures.

NY Conservative on November 15, 2012 at 10:30 AM

Hurricane Obama related?

Tater Salad on November 15, 2012 at 10:35 AM

Sandy related???

More like Obama related…

stacman on November 15, 2012 at 10:36 AM

Election related.

Let it burn.

The Rogue Tomato on November 15, 2012 at 10:36 AM

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