Reuters: New Jobless Claims Increase Unexpectedly

The number of Americans filing new claims for jobless benefits rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama unveils a plan on job creation in a major address to Congress. The word “unexpectedly” returns unexpectedly just hours before President Barack Obama unveils a plan on job creation that is not expected to do crap. What the world really wants to know is if the sun also rises “unexpectedly” in Reuters’ worldview.

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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