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Oh! The ups and downs in unemployment

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Post by exhaustedandtired/1208 Thu May 12, 2011 6:14 pm

http://www.businessweek.com/news/2011-05-12/initial-jobless-claims-in-u-s-fell-44-000-last-week-to-434-000.html


One week up and the next week down.. Interpretation:: We're going no where!!!

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Post by exhaustedandtired/1208 Thu May 12, 2011 6:16 pm

Interesting statement: Says unemployment first timers rose but those on extended benefits fell!! Like ended benefits.. Surely couldn't find a job... Hum!!!

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Post by exhaustedandtired/1208 Thu May 12, 2011 6:21 pm

Realize they like to mention 244,000 new jobs created in April but say nothing about the 4 week period there were 1.6 million new claims???

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