Thursday, April 12, 2012

Easter Bunny Blamed For Rise In Unemployment

Jobless claims jump more than expected.

The number of Americans filing for jobless aid rose last week to the highest level since January, a development that could raise fears the labor market recovery was stalling after job creation slowed in March.
President no-fault and his policies can't be involved...
Some economists blamed the Easter holidays for the spike in claims and expected applications to trend lower in coming weeks.
"It's very difficult to know the extent to which that's driven by seasonal effects from Easter or not," said Eric Green, chief economist at TD Securities in New York.

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