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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (87902)7/22/2010 4:18:19 AM
From: tonto3 Recommendations  Respond to of 224749
 
Kenneth, you are lying again. You hate that you have been caught lying so often. In no way do you enjoy it...you have been embarrassed by it and flustered by it.



To: Kenneth E. Phillipps who wrote (87902)7/22/2010 6:57:17 AM
From: TideGlider  Respond to of 224749
 
Maybe you should have snorted more Geritol. Try sending your messages to the appropriate people.



To: Kenneth E. Phillipps who wrote (87902)7/22/2010 8:39:54 AM
From: Hope Praytochange1 Recommendation  Respond to of 224749
 
By SARA MURRAY
New claims for jobless benefits soared last week, a worrisome sign for the slowly recovering labor market.

Separately, an index of leading economic indicators fell in April, pulled down by a sharp decline in building permits.

The number of workers who filed new claims for unemployment insurance climbed by 25,000 to a seasonally adjusted 471,000 for the week ended May 15, the Labor Department said Thursday.

"We are left with the uncomfortable possibility that the trend in claims has not only stopped falling, but may be turning higher," Ian Shepherdson, a High Frequency Economics Ltd. economist, said in a note to clients.

A Labor Department economist said Thursday that, unlike early April, when jobless claims surged due to seasonal and holiday factors, this time there was no indication any special factors were at work.

Last week's jump in claims reversed most of the declines since April 10, when claims were at 480,000.

Economists were quick to point out that last week's decline didn't necessarily indicate a trend and that the government's payroll data has shown the labor market was improving, with the economy adding jobs for the past four months.

"The recovery, both in the labor market and more generally, was never going to happen in a straight line, and temporary setbacks are not uncommon," said Omair Sharif, an RBS Securities Inc. analyst. "So we would brush this figure off unless we see further confirmation of a sustained pickup in layoffs."

The four-week moving average for jobless claims, which aims to smooth volatility in the data, also rose. Those claims increased by 3,000 to 453,500.
idiot odumba took BP$$$$$$$$$$$$$$$$$$