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  • Jobless Claims Fall to Lowest Level in 36 Weeks [View article]
    "A comparison of the recent 110,750 decline to the last two recessions in the chart above, suggests that claims have been falling pretty sharply, and not "painfully slow," especially compared to the 1990-1991 recession."

    yes smart a...but the number of unemployed is much more higher today than in 1990-1991. We don't only live in a "second derivative" world you know.

    Also, not because your Flynt neighbour can now sell his home at $7000 as opposed to $6000 at the bottom that this means that the Michigan unemployed and owners of $7000 worht houses will spend their way out of that depression.
    Oct 02 07:15 am |Rating: +1 -1
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