In: News
24 Sep 2009Even though the market dropped big today, we had at least this piece of “good” news information. Initial jobless claims has dropped now for the 3rd straight week to around 530,000. I guess this is “good” news because less people lost their jobs, but overall still bad in my opinion. That’s over half a million [...]
In: News
3 Sep 2009Initial jobless claims are down 4,000 to 570,000. This number should not be considered a positive at all. 570,000 people applying for unemployment benefits. Also, last week’s number was revised to 4,000 up to 574,000. So a total wash. In addition, continuing claims have risen to 92,000 to something above 6.2 million – that’s a lot [...]
In: News
2 Sep 2009ADP report shows job losses of just under 300,000 for the month of August. That’s 300k more Americans who have lost their jobs. It makes me sad that we’re still shedding jobs at such high numbers, but also thankful for not having numbers like those of earlier this year and end of last year. Need [...]
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