Last week's jobless clams dropped after a bad weather spike, down 42k to 415k.
The bad news is tens of thousands of Americans have fallen off the 99-week cliff in the last month, and that's starting to accelerate as Congress still refuses to do anything about it. Tens of thousands a month will become hundreds of thousands very, very soon.
Subscribe to:
Post Comments (Atom)
Posts
2 comments:
The bad news is tens of thousands of Americans have fallen off the 99-week cliff in the last month, and that's starting to accelerate...
I hate to sound like a pedant, but I can't find that information anywhere in the Department of Labor press release. I'm not saying you're wrong, mind. I'm just wondering where you're seeing it.
Granted, I'm making a couple assumptions about the 130k drop in EUC 2008 numbers in the Labor Department press release, but I think it's safe to say that not all 130k of them found a job and got off extended benefits.
However, that is an assumption.
Post a Comment