Unemployment spikes “unexpectedly”
Why is it always “unexpectedly” when it happens every damn week? One would think the “experts” might notice a bit of a pattern here.
Stock futures fell after a new report showed jobless claims rose unexpectedly last week, reminding investors a recovery is going to be slow and bumpy.
The Labor Department said workers filing for unemployment benefits for the first time rose by 36,000 to 482,000. Economists were expecting a small decline.