Unemployment Insurance Claims Soar
January 12, 2012 at 9:42 AM Leave a comment
This is not good, and I’m not talking about it not being good for Obama. I’m talking about it not being good for the country as a whole:
It looks like unemployment is on the rise again, new claims for unemployment insurance jumped to 399,000 last week. That is 24,000 more than the consensus forecast and also 24,000 more than the prior week’s number. So let’s see some of those shrill talking heads getting scared — real bad news for President Obama’s re-election prospects.
Entry filed under: Financial Crisis. Tags: unemployment insurance.
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