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The Job Market Continues to Struggle

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Posted on Aug 19, 2010
Flickr / edEx

In news that reflects the weakening pulse of the economy, the Labor Department reported that initial claims for jobless benefits rose last week to a seasonally adjusted level of half a million, the highest since last November. —JCL

The New York Times:

The Department of Labor said in its weekly report that the seasonally adjusted jobless claims climbed by 12,000 to 500,000 from the previous week’s revised 488,000.

Wall Street analysts had expected the seasonally adjusted claims to drop.

“The whole lack of improvement and further rise in claims coincides with the concerns about production and growth in the economy,” Steven C. Wieting, the economist for Citi, said.

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By call me roy, August 22, 2010 at 12:07 pm Link to this comment

The “Anointed One” makes his chess move’s and us babbling humans need to realize that the unbelieving conspiracy “heathen” understate the issues when they say that Obama is a radical. Alas, they know not the secrets we are all going to witness. The “Anointed One” is amazing, he takes the people at the highly efficient Post Office and sends them right over to the Student Loan Program. The “Anointed One” knows all. Twitter messages were machine-gunned to cell phones at mach speed. Facebook and MySpace groups spread across the Internet like digital fire. YouTube videos featuring celebrities ricocheted across the globe and into college students’ in-boxes with devastating regularity. All the while, the Obama mega-money-raising engine whirred on at high speed, until the result became inevitable: an unthinking mass of young voters marched forward to elect the “Anointed One.”
I am not surprised to hear these stinking lies about our “Anointed One,” it should be apparent to anyone that this was coming down the pike. I do have a couple questions about future process steps concerning these developments? When the “Annointed One” decides to start bar-coding everyone, will we get to decide if the mark is on our hand or forehead? Allot of people will prefer the hand, (especially women of course), unless your a porn actress or something along those lines. Also, my girlfriend was wondering if the Administration will be getting fashion advice from Hollyweird or the New York City crowd? We are both agree that the Administration “Maoies” as the “Anointed One ” so lovingly calls them,will be getting uniforms similar to the SS uniforms in Germany in WW2. With big letters abreviating “Barack’s Socialists.” So shall we start calling them the BS?

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