The number of newly laid-off workers filing applications for unemployment benefits unexpectedly surged last week after having fallen sharply in the previous week. The gain dampened hopes about how quickly the labor market may improve this year.
The Labor Department said Thursday that first-time claims for unemployment benefits rose by 31,000 to a seasonally adjusted 473,000. Analysts expected a small decline.
It is always unexpected, isn’t it? They need a better thesaurus. How about Dictionary’s list of synonyms?
abrupt, accidental, amazing, astonishing, chance, electrifying, eye-opening, fortuitous, from left field, impetuous, impulsive, instantaneous, not bargained for, not in the cards, out of the blue, payback, prodigious, staggering, startling, stunning, sudden, swift, unanticipated, unforeseen, unheralded, unlooked-for, unpredictable, unpredicted, wonderful
The Emerald House will doubtless go with “wonderful”.
It sounds so much better.
They’ll be inventing or imagining in overtime to claim the ‘stimulus’ created even more jobs in fictitious Congressional districts to offset the unexpected.