Shhhhhhhhhh!

Well, I suppose it’s marginally better than the wall-to-wall flogging of the thesaurus to come up with headlines that don’t use the word “unexpected”. But it is actually somewhat ominous. The relative silence of the press over the latest unemployment claims is disconcerting. You see, the numbers climbed – sharply – but stories about it were pretty much swept under the carpet. It took a fair amount of searching to find this:

The number of Americans filing for initial unemployment insurance climbed last week, the government said Thursday.

There were 464,000 initial jobless claims filed in the week ended July 17, up 37,000 from a revised 427,000 the previous week, the Labor Department said.

The number of claims was much higher than expected. A consensus estimate of economists surveyed by Briefing.com expected new claims to rise to 445,000.

“It’s very disappointing to have this leading indicator of economic conditions jump higher,” said John Lonski, chief economist at Moody’s Economy.com. “This is the latest reminder of a weak labor market, and the jump preserves worries regarding the adequacy of economic growth.”

The main BLS website is virtually unusable to find this easily. But they do have this wonderful gem:

Employers took 1,647 mass layoff actions in June that resulted in the separation of 145,538 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. Each action involved at least 50 persons from a single employer. The number of mass layoff events in June increased by 235 from the prior month, and the number of associated initial claims increased by 9,749.

In June, 298 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 29,384 initial claims.

Heartwarming here in Obama’s “recovery summer”, isn’t it? Apparently, the 7.5 gazillion jobs invented or imagined by the Obama Self-Promotion and Shameless Spendthrift Act – oh, excuse me, the American Recovery and Reinvestment Act – were not enough to make a real dent in jobs.

The media routinely excoriated George Bush for his shameful, disastrous unemployment of around 5%. For the won, they hide his numbers by being vewy, vewy quiet.

The press is still in the tank for Obama. JournoList lives.

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3 Responses to Shhhhhhhhhh!

  1. ropelight says:

    Obama is out to fundamentally transform America in ways our people don’t want and which our Constitution prohibits. However, he needs two sets of accomplices to realize his neferious goals: a compliant Democrat Congress, and an establishment media ready to attack his critics and to applaud his usurpations.

    Our Republic remains in peril so long as the Watchdogs of Democracy feed from the hand of the tyrant.

  2. ropelight says:

    Gaius wrote, “The press is still in the tank for Obama. JournoList lives.”

    Yes it does, both in spirit and in actual fact. Although the original web site has been abandoned in the fact of exposure, the core group of co-conspirators have simply reorganized under a new name: Cabalist. (that’s no joke, it’s their new name)

    The same so-called “objective journalists” are still conspiring to foist the same fraudulent “news” on the American public. Only now they’re open for business under the same management with most of the same staff, but under a new name.

    Welcome to the new fraud, same as the old fraud.

  3. Gaius says:

    Yeah, I heard about Cabalist. Truth in advertising.

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