First time claims rose to 344,000 last week, highest in nine weeks. Economists were expecting 320,000. Yesterday, stalled GDP growth in the 1st quarter was widely blamed on the weather. This big, disappointing miss is being explained, according to Michelle Jamrisko of Bloomberg, as having something to do with:
… the difficulty adjusting the data for seasonal variations such as the Easter holiday and spring recess at schools.
It sometimes seems that excuses are more abundant than jobs.
Former New York City mayor Michael Bloomberg met with U.N. Secretary General Ban Ki-moon at United Nations headquarters today for Bloomberg's new role as United Nations special envoy for cities and climate change. At the photo op, the secretary general was effusive in his praise of Bloomberg, even crediting him for transforming New York City into a "carbon-free city" [emphasis added]:
The National Oceanic and Atmospheric Administration "predicts active 2013 Atlantic hurricane season," according to a press release on the government agency's website. The other alternative being offered by NOAA is that this year's hurricane season will be "extremely active."
This last year, 2012, was the warmest year on record, according to the National Oceanic and Atmospheric Administration. It was also "a historic year for extreme weather that included drought, wildfires, hurricanes and storms; however, tornado activity was below average."
Politico reports: "Democratic officials confirm to POLITICO that President Obama's prime time address will be moved indoors to the Time Warner Center. The Thursday address was scheduled to be at Bank of America stadium — an outdoor venue with m
Former vice president Al Gore previews the "new version of the slideshow" on climate change in an interview with TakePart.com. "[E]very night on the news now, practically, is like a nature hike through the book of Revelations," Gore says in the excerpt released this morning.
In some sectors of the media, it begins to seem that "the economy" is not so much the aggregate of all the things we do in the way of getting and spending as it is a large, imponderable, mercurial force. Sort of like a hurricane.
“Montgomery County, Maryland, is one of the nation's bluest and wealthiest counties; its perennially awful power service raises the question of whether liberals can make the trains run on time,” Gregg Easterbrook, Atlantic.
At a posh fundraiser in Atlanta, where 40 guests each paid $35,800 to attend, President Obama talked about . . . the weather. As today's White House pool reporter notes:
Potus talked about how he had been in Chicago and Atlanta and how the weather was so warm. “It gets you a little nervous about what is happening to global temperatures. When it is 75 degrees in Chicago in the beginning of March, you start thinking. On the other hand, I really have enjoyed nice weather.”
While most area residents escaped indoors to avoid Hurricane Irene this past weekend, a lone guard kept watch throughout the storm at the Tomb of the Unknown Soldier at Arlington National Cemetery. Photos of the guard appeared Saturday on a Facebook page managed by the 3rd U.S. INF Regiment, also known as the Old Guard.