Weekly Unemployment Claims Hit 500,000 - Exceed Economist Estimates

 

Weekly unemployment claims hit 500,000 exceeding every forecast. There has been no lasting improvement since November 14, 2009, over nine months ago. How can we lose 400,000+ jobs a week and yet have the unemployment rate stay flat and the monthly jobs report show gains? Continue Reading

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

 

 

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