US jobless claims unexpectedly rise

Reuters 8/20/09

WASHINGTON (Reuters) - The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, fanning worries of an anemic recovery from the worst recession in 70 years.

Initial claims for state unemployment insurance benefits rose 15,000 to a seasonally adjusted 576,000 in the week ended August 15 from 561,000 the prior week, the Labor Department said. Analysts polled by Reuters had forecast new claims slipping to 550,000 last week from a previously reported 558,000.

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NOTE: Lou Dobbs in an article just posted asked where the jobs are and now we have the answer, there are no jobs as more people applied for unemployment then expected. Yet this Administration wants to take over Healthcare. What have they to show for the stimulus except for a huge addition to the national debt which has passed $1T (trillion) for the first time ever. Some voters in the Country decided to vote for someone with little to no experience because of the man's color which was stupid. The Presidency is not a place to do OJT (on the job training for those that don't know OJT). Media never bothered to investigate Obama but they spent hours and hours investigating Sarah Palin who was a Governor. Disgusting for the taxpayers of America to see what is unfolding by the Democratic Socialist of America who are in the halls of Congress with a sympathizer in the White House.