Thursday, January 12, 2012

What A Surprise! Jobless Claims Back To Pre-Holiday Levels

Well, this morning, the number of those filing for first-time jobless claims jumped "unexpectedly" to 399,000. My guess is that the Obama Administration took a little "poetic license" (actually political license) in keeping that number just under 400,000; knowing that they can revise it upward next week when all the focus will be on the current week's number.

To me, it is no surprise that we are again back at the horrible levels of joblessness. On Thursday, last December 8th, I wrote a blog entitled: "Holiday Jobless Claims are Always Lower". In that piece I pointed out that, every year, "The claims numbers are always lower in the weeks that constitute the Holiday season -- starting with the week before Thanksgiving and ending in mid-January when seasonally hired workers are let go."

I really feel sorry for the liberal media who had so wishfully believed that the employment situation was improving based on the lower Holiday numbers. As cheerleaders for Obama, nothing could be sweeter than fewer people being let go from their jobs. After all, they're still smitten with him and blindly believing all that "hope" crap that he promised them in 2008. Too bad the hope for improving employment turned out to be so hopeless. When will they finally realize that it's Obama's policies that are killing jobs in America. He's not creating jobs!

No comments: