It's jobless Thursday, and the numbers are brutal.
It's back in the 450-485K sweet spot that it hung about for most of last year.
They expected it to fall by about 30K to around 400K, but it rose by 43,000 to 473,000, and the less volatile 4-week moving average rose by 22,250 to 431,250.
Continuing claims rose by 74,000 to 3.73 million, though emergency and extended claims fell by 42,900 to 4.12 million, though in the case of the latter, I do not know how much of this is just the "99ers" exhausting their benefits.
Obama should be running around like his hair is on fire over this report, but he should have been doing that over much of the past year with real unemployment (U-6) staying well over 15%, but because the Banksters are back to paying themselves big bonuses, no one in DC seems to give a damn.
Much more of this, and Sarah Palin will be sworn in as president the day that I make aliyah to Israel.
> Much more of this, and Sarah Palin will be sworn in as president the day that I make aliyah to Israel.
ReplyDeleteWhat's this? Are you planning on moving to Israel in January 2013?
If Sarah Palin is elected president, it is on my to do list.
ReplyDelete