Surprise to Whom?

Every Thursday and Friday it’s the same story, over and over.

New claims for jobless insurance benefits in the United States posted a surprise rise, the Labor Department said Thursday amid concerns unemployment could dampen economic recovery.

Suprise rise to whom?  Unexpected is another word that you will see in these weekly articles when the stats are released.  After two years of rising unemployment, wouldn’t they EXPECT the claims to continue to rise????

In other news, the Fed raised the discount rate as more bad news about inflation was announced.  Stagflation is just around the corner.


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