I unexpectedly expect unemployment to hit at least 12% in 2010, perhaps 15%. Nobody is going to hire with all these taxes looming.
Obama is a success in ruining America, which was the plan all along. --- On Thu, 1/21/10, Publius Maximus <[email protected]> wrote: > From: Publius Maximus <[email protected]> > Subject: [OT] Jobless claims unexpectedly rise > To: "ProFox Email List" <[email protected]> > Date: Thursday, January 21, 2010, 9:50 AM > http://bit.ly/8trLlx > > - - - > WASHINGTON (AP) -- The number of newly-laid off workers > seeking > jobless benefits unexpectedly rose last week, as the > economy recovers > at a slow and uneven pace. > > Layoffs have slowed and the economy began to grow in last > year's third > quarter, but companies are reluctant to hire new workers. > The > unemployment rate is 10 percent and many economists expect > it to > increase in the coming months. > > The Labor Department said Thursday that initial claims for > unemployment insurance rose by 36,000 to a seasonally > adjusted > 482,000. Wall Street economists expected a small drop, > according to > Thomson Reuters. > > The four-week average, which smooths fluctuations, rose for > the first > time since August, to 448,250. > - - - > > UNEXPECTEDLY? On what basis do they set their expectations? > No *free > market* economist would expect jobs to rise in this > climate. > > The number of newly fired people has been slowing...one > wonders who is > left to fire?... but the pool of people who simply dropped > out of the > job market exploded last month by 600,000, bringing real > unemployment > over 17%. > > These so-called economists crack me up. > > OK, so, the statement "The unemployment rate is 10 percent > and many > economists expect it to increase in the coming months" > means that when > the job loss continues in the coming months, it won't be > "unexpected" > anymore, right? > > Just want to establish that before the next batch of > "unexpected" job > losses is dutifully reported on by the AP-OBAMA news > agency. > > - Publius > > -- > > "It ought never to be forgotten, that a firm union of this > country, > under an efficient government, will probably be an > increasing object > of jealousy to more than one nation of Europe; and that > enterprises to > subvert it will sometimes originate in the intrigues of > foreign > powers, and will seldom fail to be patronized and abetted > by some of > them. Its preservation, therefore ought in no case that can > be > avoided, to be committed to the guardianship of any but > those whose > situation will uniformly beget an immediate interest in the > faithful > and vigilant performance of the trust." [Federalist Papers > #59] > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
