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<blockquote data-quote="1989" data-source="post: 671001" data-attributes="member: 10280">Re: Obamanation here todayJobless Claims, Retail Sales Show Economy Still WeakPublished:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Thursday, 14 Jan 2010 | 8:37 AM ET <img src="http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_textT.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" />Text Size <a href="http://www.cnbc.com/id/34857820#" target="_blank"><img src="http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_text_minus.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a><a href="http://www.cnbc.com/id/34857820#" target="_blank"><img src="http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_text_plus.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a>By: CNBC.com with wiresThe number of newly laid-off workers requesting unemployment benefits rose last week as jobs remain scarce amid a sluggish economic recovery, while holiday retail sales were weaker than expected as well. &nbsp;<img src="http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__EMPLOYMENT/laid_off.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />&nbsp;The Labor Department said new claims for unemployment insurance rose by 11,000 to a seasonally adjusted 444,000. Wall Street economists polled by Thomson Reuters expected an increase of only 3,000.&nbsp;A Labor Department analyst said the rise was partly a result of large seasonal layoffs in the retail, manufacturing and construction industries. The second week of January usually sees the largest increase in claims, unadjusted for seasonal trends, during the year.&nbsp;The number of people continuing to claim benefits dropped sharply to 4.6 million from 4.8 million the previous week.&nbsp;Stock futures shaved a few points from earlier gains but still indicated a flat to slightly positive opening for Wall Street.Things are great for wall street.&nbsp; Not so much on main street.</blockquote>

[QUOTE="1989, post: 671001, member: 10280"] [b]Re: Obamanation here today[/b] [B]Jobless Claims, Retail Sales Show Economy Still Weak[/B] Published: Thursday, 14 Jan 2010 | 8:37 AM ET [IMG]http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_textT.gif[/IMG]Text Size [URL="http://www.cnbc.com/id/34857820#"][IMG]http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_text_minus.gif[/IMG][/URL][URL="http://www.cnbc.com/id/34857820#"][IMG]http://media.cnbc.com/i/CNBC/CNBC_Images/header/icon_text_plus.gif[/IMG][/URL] By: CNBC.com with wires The number of newly laid-off workers requesting unemployment benefits rose last week as jobs remain scarce amid a sluggish economic recovery, while holiday retail sales were weaker than expected as well. [IMG]http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__EMPLOYMENT/laid_off.jpg[/IMG] The Labor Department said new claims for [B]unemployment insurance rose by 11,000[/B] to a seasonally adjusted 444,000. Wall Street [B]economists polled by Thomson Reuters expected an increase of only 3,000.[/B] A Labor Department analyst said the rise was partly a result of large seasonal layoffs in the retail, manufacturing and construction industries. The second week of January usually sees the largest increase in claims, unadjusted for seasonal trends, during the year. The number of people continuing to claim benefits dropped sharply to 4.6 million from 4.8 million the previous week. Stock futures shaved a few points from earlier gains but still indicated a flat to slightly positive opening for Wall Street. [COLOR=Red]Things are great for wall street. Not so much on main street.[/COLOR] [/QUOTE]

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