It seems after my first, second, and third post showing a very obvious pattern about unemployment numbers being good on Thursday and bad on Friday, someone decided enough's enough.
Humor aside, the news is positive. Jobless claims plummet to 14-month low:
The number of first-time filers for unemployment insurance fell to 466,000, the lowest level in 14 months, according to a government report released Wednesday.
That's the lowest number in the Labor Department figures since the week ended Sept. 13, 2008, and a decrease of 35,000 from the previous week's 501,000.
Unexpected drop in jobless rate sparks optimism:
Two years of steep job cuts all but ended last month, unexpectedly pulling down the unemployment rate and raising hopes for a lasting economic recovery.
Federal figures released Friday showed that the rate fell from 10.2 percent in October to 10 percent as employers shed the fewest number of jobs since the recession began two years ago. The government also said far fewer jobs were lost in September and October than first reported.
Good news! I'll take it.
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