If A Bush Boom Booms In A Forrest and Only the Unemployed Can Hear It…

From Holden:

My fabled Bush Boom remains illusive as new jobless claims rise again.

In the week ending Nov. 27, the advance figure for seasonally adjusted initial claims was 349,000, an increase of 25,000 from the previous week’s revised figure of 324,000. The 4-week moving average was 336,500, an increase of 4,250 from the previous week’s revised average of 332,250.

The Times continues its whorish ways by noting that analysts expected new jobless claims to increase by 7,000 rather than 25,000 in an article entitled “Jobless Claims Rise 25,000 but Still Show Recovery”.