Thursday, August 23, 2012

Jobless Claims Rise Once More

While the Mainstream Media is focused on the words of Todd Akin, jobless claims rose once more.

There's only one word missing: unexpectedly.

The number of Americans filing applications for unemployment benefits climbed last week to a one-month high, showing little progress in the labor market.
Jobless claims rose by 4,000 for a second week to reach 372,000 in the period ended Aug. 18, Labor Department figures showed today in Washington. The median forecast of 41 economists surveyed by Bloomberg called for 365,000. The four-week moving average, a less volatile measure, increased to 368,000.
No wonder all the MSM talking heads don't want to mention the failure of the Obama administration to revive the economy.

Facts, how do they work?

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