Here it is again - Jobless claims fall:
New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers.
Still, many analysts worry the nation could be in for a "jobless recovery" as the unemployment rate rises despite some overall economic growth.
The Labor Department said Thursday that first-time claims for jobless benefits dropped to a seasonally adjusted 502,000 from an upwardly revised 514,000 the previous week. That's the fewest claims since the week ending Jan. 3, and below economists' estimates.
It seems every Thursday, like clockwork, we get good news about unemployment, and then the next day it's bad. I covered this unemployment roller coaster, showed how the unemployment ups and downs show up like clockwork, and even used the Thursday good news about unemployment to predict what happens Friday with unemployment.
Am I the only one seeing this?
0 comments:
Post a Comment