Weekly Jobless Claims hit 500,000 “unexpectedly”

Seriously, what is it with the stupid media and that word?

New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery.

Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said on Thursday.

Analysts polled by Reuters had forecast claims slipping to 476,000 from the previously reported 484,000 the prior week, which was revised up to 488,000 in Thursday’s report.

A Labor Department official said there was nothing unusual in the state level data. The data covered the survey week for the government’s closely watched employment report for August, scheduled for release early next month.

“There are some technical factors out there and the seasonal factors seem to be pushing it up a little bit. But given the trend of claims it looks like the economy ran into a wall in August,” said Chris Rupkey, chief financial economist at Bank of Tokyo-MitsubishI UFJ in New York.

via Weekly Jobless Claims Post Surprise Jump, Hit 500,000 – CNBC.

Unexpectedly? Oh Please, like these idiots did not expect the jobless claims to rise, seeing that we are in the worst recession, since the great Depression.  Just more of that Presidential butt kissing since the election of that idiotic Democrat in the White House —– by the liberal owned and financed main stream media.  I will say this; when I saw Ed Morrissey making a fuss about the use of the word, at first, I thought Ed was being a bit silly and quite melodramatic about it. However now, it is getting even ridiculous for even me to bear now. So, seriously guys. Knock off the use of that idiotic word, please.

Ed Morrissey adds:

CNBC’s headline writer also got gobsmacked, writing this header for the Reuters story: “Weekly Jobless Claims Post Surprise Jump, Hit 500,000.”  Maybe Reuters should seriously look at hiring better analysts.

Ed is so nice — Allow me to take that a bit further. Perhaps Reuters ought to actually try reporting news; instead of being the liberal Democratic Party supporting, terrorist apologists, that they actually are — Maybe then we could actually trust them again, as a legitimate news source; instead of having to employ the “Idiot Liberal” filter every time someone has to actually read their propaganda stories that they attempt to pawn off on actual thinking Americans.

I know, it sounds quite harsh; but when you strip off the gloss, and the shiny paint —- that is what you have.

Others: Ezra Klein, Michelle Malkin, Firedoglake, Gateway Pundit, Hot Air, Scared Monkeys, The Powers That Be, TalkLeft and Conservatives4Palin.com and more Via Memeorandum

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