Unemployment claims RISE more than expected.

[Maple]

Good Grief, the no-stimulus stimulus bill needs to be rescinded to pay down the national debt, it is doing absolutely NOTHING to put people back to work.

Jobless Claims Rise in Latest Week - WSJ.com

BY SARAH N. LYNCH
The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week -- an increase a U.S. Labor Department economist said is partly due to an administrative backlog in processing claims.

Total claims lasting more than one week, meanwhile, declined.

Initial claims for jobless benefits rose by 36,000 to 482,000 in the week ended Jan. 16, according to the Labor Department's weekly report Thursday. The previous week's level was revised upward to 446,000 from 444,000.

Get ready for a double-dip recession.

 

[saveliberty]

That report went on to say MANY economists expect unemployment to rise the first half of 2010. I suggested that was what would happen last November and December. Of course, the liberals here said no way, the stimulus will save us. I think health care run by the government is trouble period. If you were going to try though, wouldn't you do it when people have jobs and a little extra money in their pockets? Just how stupid do you have to be in order to have Democrat after your name?

 

[Mr Natural]

The reason we have such high unemployment is that people demand too much for their time and labor.

 

[Ipsl]

Good Grief, the no-stimulus stimulus bill needs to be rescinded to pay down the national debt, it is doing absolutely NOTHING to put people back to work.

Jobless Claims Rise in Latest Week - WSJ.com

BY SARAH N. LYNCH
The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week -- an increase a U.S. Labor Department economist said is partly due to an administrative backlog in processing claims.

Total claims lasting more than one week, meanwhile, declined.

Initial claims for jobless benefits rose by 36,000 to 482,000 in the week ended Jan. 16, according to the Labor Department's weekly report Thursday. The previous week's level was revised upward to 446,000 from 444,000.

Get ready for a double-dip recession.

Many companies lay people off for the holidays.