WASHINGTON (AP) -- The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce. Yes, it was completely "unexpected." Watch them swoon tomorrow when the sun comes up.
The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter. More here: Yes, the fourth in the past five weeks ... and it SHOCKED everyone ... that is, everyone who has shit for brains.
Oh woe is us. Who could have known that a liberal government would tax and spend with abandon, ruining the currency and the economy as well. Who would have known you can't spend your way out of debt? WHO? WHO COULD HAVE SEEN THIS COMING?
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