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Jobless Claims Up By 15,000 – Isaac’s Fault!

From Reuters:

Tropical Storm Isaac boosts jobless claims

By Lucia Mutikani | Thu Sep 13, 2012

WASHINGTON – The number of Americans filing new claims for jobless benefits rose more than expected last week, with several states reporting an increase related to Tropical Storm Isaac.

There were 55 hurricanes in the US during the eight years of the prior Bush administration. And 127 tropical storms. Do you remember how the news media used to blame unemployment numbers on them? We don’t either.

In fact, it was more likely we would be told that the storms were ‘Bush’s fault.’

Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 382,000, the highest in two months, the Labor Department said on Thursday. The prior week’s figure was revised up to show 2,000 more applications than previously reported.

So the number is really up 16,000 over last week’s reports. And, for the record, the new claims number has now been revised up for 33 weeks in a row and 79 of the last 80 weeks.

Economists polled by Reuters had forecast claims rising to 370,000 last week.

Gee, imagine them erring, and on the side of Obama.

A Labor Department official said Tropical Storm Isaac, which drenched parts of the country, accounted for about 9,000 of the claims filed last week. The number is unadjusted…

Gee, why isn’t that number seasonally adjusted? What could be more seasonal than the annual hurricanes during hurricane season?

By the way, even without these supposed claims due to Isaac, the number would still have gone up by 6,000. Which is still quite a serious uptick.

Here is how the Associated Press begins their report:

US unemployment aid applications rise 15,000 to 382,000, pushed up by Hurricane Isaac

By Associated Press Thursday Sept 13, 2012

WASHINGTON — The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane Isaac

Isaac made landfall as Category 1 hurricane on Aug. 28 in southeastern Louisiana and was later downgraded to a tropical storm. It disrupted work in nine states and boosted applications by roughly 9,000, Labor officials said

But once again we have to ask, how many people go on unemployment because of a rainstorm? (Or snow storm, in the wintertime.)

This article was posted by Steve on Thursday, September 13th, 2012. Comments are currently closed.

3 Responses to “Jobless Claims Up By 15,000 – Isaac’s Fault!”

  1. GetBackJack says:

    It’s Hurricane Obama and the flood water surge of Obamaism that’s to blame

  2. canary says:

    But, more illegal Mexicans are getting jobs and work because of Issac.

  3. Right of the People says:

    “That rat bastard Bush is still causing all these hurricanes!”

    –Barry the Bungler Obama

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