New unemployment claims surge unexpectedly

[Liberal_in_LA]

New unemployment claims surge unexpectedly

http://www.latimes.com/business/la-fi-econ12-2008dec12,0,43464.story

Associated Press
6:45 AM PST, December 11, 2008

WASHINGTON -- New claims for jobless benefits rose more than expected last week, exceeding even gloomy expectations for an economy stuck in a recession that seems to be deepening.

The Labor Department reported today that initial applications for jobless benefits in the week ending Dec. 6 rose to a seasonally adjusted 573,000 from an upwardly revised figure of 515,000 in the previous week. That was far more than the 525,000 claims Wall Street economists expected.

[ogneopasno]

1. "Unexpectedly." Wall Street seriously has no fucking clue what's going on out here.

[Cessna Invesco Palin]

10. How much did you expect it to go up?

How does the actual figure compare to your expectations?

[amdezurik]

2. unexpected?

by whom?

[LisaM]

3. Oh! what a surprise!

Someone get the smelling salts!

[blueclown]

4. Unexpectedly?

:rofl: :rofl: :rofl:

Who wrote this article? Grover Norquist?

[Bonhomme Richard]

8. LOL, I had the same reaction.

[Idealism]

5. That tree came out of nowhere, officer!

I swear :(

[villager]

6. No one expects the Spanish Inquisition!

[frylock]

7. these GDIs wouldn't know their ass from a whole in the ground..

unexpected?! unfuckingbelievable.

[WI_DEM]

9. I can't see why it would be considered "unexpected"???

[MiniMe]

11. Massive layoffs, but they don't think the unemployment claims will increase?

yeah, right.

[madrchsod]

12. wait for the second wave of the emergency unemployment payments....

i`m starting on my second unemployment payments. these should show up in decembers figures.

[Tierra_y_Libertad]

13. Unexpectedly?? Memo to brilliant economists: Remove collective heads from asses.

[TahitiNut]

14. Editorial hack job again. "Unexpected" is NEVER a synonym for "more than expected."

Headlines are written by editors ... usually to pander to ownership interests. AP is, of course, falling off to the far right.