Weekly jobless claims rise more than expected.

These same economists who are surprised every week by the jobless report and didn't see the housing bubble also believe this:

Economists believe that the downturn should be short and mild, ending this summer with the help of the economic stimulus package that will send rebate checks to 130 million households.

So nothing to worry about, right? Once we get our $600 checks, it'll be smooth sailing. I know if i were unemployed, nothing would make me feel better than $600.