Retail sales weak, Jobless claims rise 24,000

[sanrene]

Originally Posted by Xanathos

Why is this even a surprise? Most of the jobs created over the last quarter were seasonal workers. They put in their 3 months at Target after sitting on UI for almost 2 years, and now get to get a fresh new 99 weeks of unemployment! Being unemployed in America today is a lot like being unemployed in Greece: It's a profession. And the moment someone threatens to take it away from them, they either riot in the streets (Greece) or "Occupy" parks (America).

Its not a surprise..except for maybe the obama cheerleaders in the press, on the Left, who thought December's job number was just hunky dory.

[mackinac81]

Originally Posted by ottomobeale

Why are people cheering bad news? sick.

Then again. Lets look at moving mult-week averages not one week snap shots. The Feb unemployment annoucement for January should be telling if it at least able to stay the same.

Because if their fellow americans are unemployed and suffering, then their precious Republican party will win the White House--according to them.

[sanrene]

Originally Posted by ottomobeale

Why are people cheering bad news? sick.

Then again. Lets look at moving mult-week averages not one week snap shots. The Feb unemployment annoucement for January should be telling if it at least able to stay the same.

Oh...so "reporting" the news of rising jobless claims and weak holiday sales is now "cheering" for bad news?

Best tell, NBC, CNBC and the rest of the news outlets to stop doing that...which I'm sure obama tries his best to get them to BURY the news of his colossal failures.

[Icy Tea]

Obama: The Grinch who stole Recovery.