Where Did This Come From?

[DemocratSinceBirth]

New jobless claims up, economic recovery in serious doubt -- or worse
By Frank Ahrens

Unemployment is in this country is going the wrong way.

On Thursday morning, the Labor Department said that new jobless claims filed last week unexpectedly rose by 12,000 to hit 500,000, the first time since November that the half-million mark has been reached. The four-week moving average of new unemployment claims, which smooths out week-to-week volatility, rose by 8,000 to 482,500. Forecasters expected last week's new jobless claims number to go down, not up.

President Obama used the bad jobs data to urge Congress to restart the stalled small business jobs bill that he said would help small businesses with tax cuts and expense write-offs, and would help small banks lend to small businesses.

http://voices.washingtonpost.com/political-economy/2010/08/unemployment_is_in_this_countr.html


Yikes...

[napi21]

1. Why is everyone so surprised? All the talk has been about

cities, states & municipalities cutting teachers, police, road workers, etc. for several months now. I know I read aobut one city that sent info to their residents "Not to expect the police to come to the scene except fr the most serious felony. They can file a report on lineor come into a station and file the paperwork." HEre is Ga. they stopped cutting the grass & weekds along the highways because there's no money to pay the workers who used to do it. I'm surrised that the number added to the unemployment roles wasnt HIGHER than 12,000!

[DemocratSinceBirth]

2. In Fort Lauderdale I See Police Aggressively Enforcing Traffic Laws

Good source of revenue