Thursday, April 28, 2011

So, how's Obama's fake recovery looking?

.
We only had 429,000 first time jobless claims this week... THIS WEEK... and Obama's lackeys come out claiming that he's responsible for 1.8 million "new, private sector jobs?" "over the past 13 months."  We've been experiencing an average of 400,000 new first time unemployment claims a week... for months... and this clown claims he's responsible for "1.8 million "new, private sector jobs?"

How does THAT work?

If he's "responsible" for that, then Obama is responsible for 1.6 million jobs going away PER MONTH. He's responsible for $4 gasoline. He's responsible for inflation.

Because if he's responsible for anything good... then he's equally responsible for anything bad.

And the news today... about his bumbling, incompetent and ham-handed approach to the economy?

That's ALLLL on him.

More people applied for unemployment benefits

More people requested unemployment benefits last week, the second increase in 3 weeks

ap

, On Thursday April 28, 2011, 10:39 am EDT
WASHINGTON (AP) -- More people sought unemployment benefits last week, the second rise in three weeks, a sign of the slow and uneven jobs recovery.

Applications for unemployment benefits jumped 25,000 to a seasonally adjusted 429,000 for the week ending April 23, the Labor Department said Thursday. That's the highest total since late January.

The four-week average of applications, a less volatile measure, rose to 408,500, its third straight rise and the first time it has topped 400,000 in two months. Applications near 375,000 are consistent with sustained job creation. Applications peaked during the recession at 659,000.

Several economists attributed the increase to difficulties in seasonally adjusting the data around the Easter holidays. Since the timing of Easter changes each year, the data around the holiday week can be volatile.

"Given these technical factors, we are inclined to dismiss the recent backup," said Carl Riccadonna, an economist at Deutsche Bank Securities. "We will be looking for claims to move back below 400,000 in early May."

More:

No comments: