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10 Million Americans On Unemployment

From the perpetually caught off guard Associated Press:

New Jobless Claims Rise Unexpectedly to 480,000

The number of newly laid off workers filing claims for unemployment benefits unexpectedly rose last week as the recovery of the nation’s battered labor market proceeds in fits and starts.

December 17, 2009

WASHINGTON — The number of newly laid off workers filing claims for unemployment benefits unexpectedly rose last week as the recovery of the nation’s battered labor market proceeds in fits and starts.

Imagine the AP’s shock each morning when the sun rises in the east.

The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous week. That was a worse performance than the decline to 465,000 that economists had expected.

The four-week average for claims, which smooths out fluctuations, did fall, dipping to 467,500, the 15th straight decline, viewed as an encouraging sign that the labor market is gradually improving.

And yes, they are still putting the line about fluctuations – ‘smoothes’ typo and all – in every AP story about unemployment claims.

Just as they always try to work in a little ray of sunshine:

The four-week average is now at its lowest point since late September 2008, the period when the financial crisis was hitting with full force…

And just as the always save the worst news for the very bottom of the article:

The govenrment [sic] said that the number of people receiving regular benefits rose by 5,000 to 5.19 million for the week ending Dec. 5. That figure does not include millions of people who have used up the regular 26 weeks of benefits typically provided by the state and are now receiving extended benefits for up to 73 additional weeks, paid for by the federal government.

The people receiving extended benefits jumped to 4.73 million for the week ending Nov. 28, an increase of 143,759 from the previous week. That big rise reflected the fact that a total of 17 states are now processing claims for the extention [sic] of benefits that Congress approved last month.

Which, for those of us playing along at home, means that there are now 9.92 million Americans getting unemployment benefits. (The shock of which seems to have affected the AP reporter’s ability to spell.)

Ten million Americans on unemployment.

And yet we are told the recession is long over.

This article was posted by Steve on Thursday, December 17th, 2009. Comments are currently closed.

5 Responses to “10 Million Americans On Unemployment”

  1. proreason says:

    Just imagine how bad it would be if Obamy hadn’t saved or created all those gubamint jobs.

    Or if the gubamint hadn’t increased the country’s national debt by $3 trillion.

    Or if we weren’t on the verge of spending untold trillions that we don’t have on health care that will increase everybody’s medical costs while restricting everybody’s access to services, while driving hundreds of thousands of doctors out of their practices.

    Or if we weren’t on the verge of kneecapping the world’s economy by forcing people to heat their homes with windmills.

    Obamy is a genius alright.

    A genius at ending Western Civilization.

    But that’s what he wants. And after all, now that god is dead, he is our new god, isn’t he?

    And why not. Just look at those pecs!!!

  2. bill says:

    I suspect that Christmas sales running 20% behind normal didn’t have anything to do with.

  3. Liberals Demise says:

    10 million is all the closet Muslim will admit to and that’s the story he is sticking to.

    “There coming to take me away, haha. They coming to take me away, hoho hehe haha to the Funny Farm. Where life is beautiful all the time………….”

  4. rakkasan says:

    (The shock of which seems to have affected the AP reporter’s ability to spell.)

    I choked on my coffee! Bravo!

  5. joeblough says:

    Am I that drunk?

    10 million. Out of 350 million?

    Isn’t that like … 2.5% of the freakin’ country?

    And that’s just the people on unemployment. There’s a whole lot more sucking on the treasury tax teat.

    Tell me I’m too drunk to do arithmetic.

    Doesn’t that entitle Red Hussein to a stretch in San Quentin or something?


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