Weekly Jobless Claims Increased to 427,000 … Welcome to Obama’s Hope & Change Economy
New jobless claims unexpectedly rise. Unexpectedly?
Welcome to the Obama job recovery where his only plan is hope things get better. Once again there was poor jobs data this morning as Americans filing new claims for unemployment benefits rose by 1,000 and initial claims for state jobless benefits increased to 427,000. At this point how could any analyst say that poor job hiring data is unexpected? Americans realize the country is headed in the wrong direction and they are continually feeling the brunt of the Obama no job recovery.
The number of Americans filing new claims for unemployment benefits rose by 1,000 last week, according to a report on Thursday that could stoke fears the labor market recovery has stalled.
Initial claims for state jobless benefits increased to 427,000, the Labor Department said. A department official added the slim rise meant the level was “essentially unchanged.”
Complete Labor Dept data can be seen HERE.
All the “Hope & Change” is not going to change the fact that “We the People” will make their voice be heard regarding Obama’s job as President in the 2012 Presidential election.