I don’t know about you, but I have grown very tired of the word “unexpected”. I am especially tired of hearing that word in conjunction with “unemployment”! Just last week unemployment claims “unexpectedly” topped 484k and now this:
CNBC: New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery.
Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said on Thursday.
Analysts polled by Reuters had forecast claims slipping to 476,000 from the previously reported 484,000 the prior week, which was revised up to 488,000 in Thursday's report. [MORE]
Michelle Malkin says that the use of the word “unexpected” has now reached the point of parody. Sorry, Michelle, it has gone way beyond that to the point of being a cruel joke.
Via: Memeorandum
Via: CNBC
Via: Michelle Malkin