– Initial Jobless Claims Jump Most In 4 Months, Continuing Claims At Best Since 2007 (ZeroHedge, April 24, 2014):
Initial jobless claims surged from 304k to 329k this week, the biggest weekly rise since mid-December. From exuberance at new cycle lows, we swing to the average of the last 8 months. This is the biggest miss to expectations in over 2 months. Continuing Claims dropped further to new cycle lows at 2.68 million (beating expectations) – its lowest since Dec 2007. So this is as good as it gets for continuing claims – America is back at its best!
Initial claims surges back up to its average of the last 8 months…
As continuing claims plunges to new cycle lows not seen since Dec 2007 – as good as it gets
It has been back to bush levels for years. It used to be new jobs numbers, now they proclaim new weekly JOBLESS numbers in the same happy way………how I despise US media!
We are losing jobs at better than a million a month, and nothing is appearing to replace them. Many of them are good, high paying jobs that never return.
When I was working for a corporation, they had a policy. For every two employees they fired, they hired one back….after many months so that they could use the cuts in costs as a positive in quarterly releases to shareholders. Crooks, all of them. I despise corporations as much as Lincoln did, he saw them as the worst man made evil. Back in his day, they only had a life of 40 years……..now the bastards never die unless they go under.
Thank you for all you do to publish the truth.