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CNN's Kosik: Jobless Claims Jump 'Really Just Shows That People Still Need a Lot of Help From the Government'

By Mike Bates | March 10, 2011 | 16:07

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Hope springs eternal at CNN, at least some of the time.  Sure, the massively expensive Obama stimulus was a miserable flop.  And extending unemployment benefits worked to extend periods of unemployment, as numerous studies have shown.  Government jobs programs have failed for decades.

No matter.  According to business correspondent Alison Kosik on CNN Newsroom today, a jump in jobless claims proves more government intervention is necessary:

ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Kate, we've got a lot of negative news all at once, that's weighing down the markets right now. You know what, pick your poison at this point, we got unemployment claims. They rose more than expected, much more than expected, double what was expected. That's after all the optimism that was created from the previous week's numbers. We're inching back towards the 400,000 mark we've so much been trying to get away from. It really just shows that people still need a lot of help from the government because people are still being laid off.

Yeah, baby, Stimulus II, that's what we need.

Interestingly, the hike in jobless claims was mentioned in only one of the four hourly segments of CNN Newsroom today.  Last Thursday, when the news was brighter on the job front, it was reported during the 9:00 AM program:

KOSIK: Yes, you know what? They (jobless claims numbers) are upbeat like the music here at the stock exchange. The unemployment claims report is definitely coming in much better than expected. It's the reason that we're seeing Dow futures up about 100 points. Wall Street did expect claims to rise. So, this is good news because they instead fell to 360,000 last week. It's actually the lowest level in almost three years.

On the 10:00 AM show, Kosik celebrated "a really positive jobs report on weekly unemployment claims" and noted, "We are moving in the right direction."

The 11:00 AM segment included Kosik's observation that "Analysts are saying it's a sign that we're moving toward a new threshold of 350,000."

On the 12:00 PM Newsroom, CNN business correspondent Christine Romans reported the "very, very good news."

And it was.  But isn't it strange that when unemployment claims drop it's constantly newsworthy at CNN, but when they jump up it's worth mentioning only once in the four-hour long CNN Newsroom and then with the commentary that the government needs to do more? 

At CNN, obviously Lindsay Lohan attending her plea-deal hearing is more important.  That was covered twice on CNN Newsroom today.     

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Comments

i thought unemployment was going down, and the economy

Submitted by Lipton on Thu, 03/10/2011 - 4:42pm.

is bouncing back? What is going on? I just read where Charlie Cook is predicting economic conditions and demographics to be in Obama's favor. So which is it?
I'd like to thank Hollywood for renewing my interest in reading.
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Because government creates

Submitted by VBaxter on Thu, 03/10/2011 - 4:49pm.

Because government creates jobs, right? Ohh, I get it now.
Minimum Government, Maximum Freedom.
Ron Paul 2012
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Actually, Alison Cossack, we do need help from the government

Submitted by Dave. on Thu, 03/10/2011 - 5:08pm.

We need the government to cut spending and taxes across the board, and get rid of the hideous regulations that are helping to strangle what little life is left out of our failing economy.

Basically, we need government to just get the Hell out of the way.

-Dave

Vote for the American in November

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............ANOTHER "EXPERT."............

Submitted by Herbster on Thu, 03/10/2011 - 5:14pm.

Another mediamoron masquerading as a "Business correspondent." I guess ignorance is bliss. Where do they get these people from.....are they rejects fro the Jerry Springer Show? Obviously, this twit has about as much understanding of "Business" as a kid's pet turtle. .....and you thought Poppy Harlow was dumb? For shame, CNN. Can't you do any better than this? I guess not!
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Yep

Submitted by JLin on Thu, 03/10/2011 - 5:18pm.

Well said.
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Do I need to remind the left...

Submitted by DumbCanuck on Thu, 03/10/2011 - 5:14pm.

... of Einstein's definition of insanity?

"There... Are... Four... Lights!"

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It's not possible.... well yes it is.

Submitted by JLin on Thu, 03/10/2011 - 5:16pm.

ALISON KOSIK, CNN BUSINESS CORRESPONDENT Ms. Kosik is a clueless apparachik just delivering the Party's message. The sad thing is that this chick probably has a Wharton MBA, which helped her land the infobabe job. You do not need a college degree to prove you are this stupid.
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Hey, watch that!

Submitted by retrocon on Thu, 03/10/2011 - 6:08pm.

Stimulus wasn't a flop, it did exactly what it was supposed to do: 1) damage our free market 2) employ state workers so that they can fund the unions to fund the democrats. So, don't go bashin' that stim-mule-us.
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No, honey...

Submitted by johnsonl on Thu, 03/10/2011 - 6:39pm.

what people really need to do is start petitioning our government to deport the 30 million illegal aliens, including the ones that were born here, and free up those jobs, hospital beds and classroom chairs for citizens and legal residents of the USA.
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Alison, sweetie...

Submitted by johnsonl on Thu, 03/10/2011 - 6:32pm.

...if I were your father, I'd demand a refund from whatever college you got your grad degree from. You are an idiot and a shill for the liberal democrats.
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812 Billion did not help

Submitted by octavioj on Fri, 03/11/2011 - 1:12am.

And they keep on asking government to do more? When will they understand the government needs to do less?
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Stop Censoring The Gosnell Trial!

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