Thursday, December 16, 2010

420,000

Slightly better - still atrocious overall.

CNN: Unemployment claims drift lower
...down 3,000 from 423,000 claims filed the week before...

3 comments:

Glynn Kalara said...

& they want to claim ( no pun intended) that the Recession is over? For whom is it over? I guess prosperity is right around the corner again, right? Barak "Hoover" Obama bringing you the very best in Gov't policy since 1929.

Jim Sande said...

I think people, aka the news media, link it to the stock market. Its all about money. If the DOW was at 7000, then it would be a recession. Its the trickle down economy spread out over the society's understanding as portrayed by the media.

Glynn Kalara said...

I agree. It's like standing in a lifeboat just lowered from the Titanic and announcing that in fact the ship is no longer sinking. From that perspective it's not for u.