"As expected, jobless claims 'UNEXPECTEDLY' increase"-J. Carter

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4 million new jobless in last 10 weeks alone

6/23/11, "As Expected, Jobless Claims “Unexpectedly” Increase," First Things, Joe Carter

"In today’s Los Angeles Times, we find this unexpected news about unemployment:

A second report from the Labor Department showed the number of Americans filing new claims for unemployment aid unexpectedly edged higher last week, reinforcing a view that the job market recovery has stalled.

There are two things the media never expects: (1) The Spanish Inquisition and (2) increases in jobless claims. In 19 of the past 24 months, the media has considered it “unexpected” when jobless claims increase:

April 2009 – New Jobless Claims Rise Unexpectedly (AP)

June 2009 – New Jobless Claims Rise Unexpectedly To 627K, 6.7M Still Unemployed (Huffington Post)

August 2009 – Jobless Claims Rise Unexpectedly (Washington Post)

October 2009 – New jobless claims rise more than expected (AP)

December 2009 – Jobless claims rise unexpectedly (Christian Science Monitor)

January 2010 – New jobless claims rise unexpectedly (AP)

February 2010 – First-time jobless claims rise unexpectedly (AP)

April 2010 – Initial jobless claims increase unexpectedly (AP)

May 2010 – New jobless claims rise unexpectedly (AP)

June 2010 – “The number of Americans seeking jobless benefits last week unexpectedly rose to a one-month high, indicating firings are staying elevated even as the U.S. economy grows.” (Bloomberg)

July 2010 – Weekly jobless claims rise unexpectedly (The Hill)

August 2010 – Stocks drop as jobless claims rise unexpectedly (AP)

September 2010 – New Jobless Claims Rise Unexpectedly (AP)

October 2010 – US initial weekly jobless claims rise unexpectedly (International Business Times)

January 2011 – “U.S. jobless claims jumped unexpectedly last week to their highest level since October, suggesting the labor market is still in a rut despite signs of improvement in the economy.” (Reuters)

February 2011 – First-time jobless claims rise unexpectedly (AP)

April 2011 – Initial Jobless Claims Rise Unexpectedly (Reuters)

May 2011 - Jobless Claims Rise Unexpectedly (Bloomberg News)

See Also: Why the News Makes Us Dumb

“Great Minds Think Alike” Update: Pundit Press’ “Unexpectedly” Compilation"

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6/23/11, "U.S. initial jobless claims rise unexpectedly," ForexPros.com

"The number of people who filed for unemployment assistance in the U.S. last week rose unexpectedly, official data showed on Thursday.

In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending June 18 rose by 9K to a seasonally adjusted 429K, confounding expectations for a decline to 410K.

The previous week’s figure was revised up to 420K from 414K. ...

Following the release of the data, the U.S. dollar was up sharply against the euro, with EUR/USD tumbling 1.28% to trade at 1.4172.

• Meanwhile, U.S. stock future indices added to losses after the release of the data.

The Dow Jones Industrial Average futures pointed to a drop of 0.75%, S&P 500 futures fell 0.95%, while the Nasdaq 100 futures

• pointed to a decline of 0.8%."

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