The weekly jobless claims number is still above the magic 400,000 number. Allegedly the trend is still one of an improving job market. Seriously now, can it get worse?
Don't buy the official nos. Millions are running out of UI claims and will then disappear off of this chart. The UI nos. will go down as these people no longer are considered unemployed. The permanent unemployed are growing by leaps and bounds is the real story as America become poorer by the hr.
3 comments:
Don't buy the official nos. Millions are running out of UI claims and will then disappear off of this chart. The UI nos. will go down as these people no longer are considered unemployed. The permanent unemployed are growing by leaps and bounds is the real story as America become poorer by the hr.
That's the truth.
The official number are crafted to make politicians look good.
I hope nobody reading this blog falls for it.
When nobody has a job and the Un rate is Zero then everyone will figure it out.
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