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Old 04-09-2009, 08:35 AM
 
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Initial jobless claims fall in latest week - Apr. 9, 2009
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Old 04-09-2009, 09:22 AM
 
Location: Northern Arizona
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Worse news: The economy's still in the tank!
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Old 04-09-2009, 10:28 AM
 
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Dow's been hanging at over 8000 today--I'm seeing more and more signs of recovery lately.
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Old 04-09-2009, 11:05 AM
 
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"The number of people filling for unemployment benefits for the first time dipped to 654,000, but continuing claims hits a record high."


"NEW YORK (CNNMoney.com) -- The number of people filing initial claims for unemployment benefits fell last week, while those filing for continuing claims hit an all-time high for the 11th straight week, according to a government report released Thursday."

And you think this is good?
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Old 04-09-2009, 11:32 AM
 
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Having less new claims is very good. It means that people aren't losing jobs. It means there is less competition for open jobs. I like to look at my glass as half full.
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Old 04-09-2009, 12:00 PM
 
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Quote:
Originally Posted by annerk View Post
I like to look at my glass as half full.
ahh but the folks on this forum do not.
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Old 04-09-2009, 01:01 PM
 
13,703 posts, read 19,841,575 times
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Good news - The economy is improving, all indicators say that.

Bad news - Jobs are always the last thing to come back in an economic recovery.

Good news - and Obama's stimulus plan is designed to create or save 4 million jobs, and offer unemployment releif.

Bad news - Obama's stimulus plan cost taxpayers $800 billion and it's worth is questionable and very selective.

Bad news - expect inflation problems to happen when the recovery starts back up (see "Obama's stimulus plan" above). You will earn less money and things will cost more.
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Old 04-09-2009, 02:43 PM
 
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Does this factor in the people who have just given up looking?
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Old 04-09-2009, 03:41 PM
 
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Quote:
Originally Posted by GypsySoul22 View Post
Does this factor in the people who have just given up looking?
Anyone who just gives up is nothing short of stupid. You never know when you might find the perfect job, even if you've been looking for a long time. You'll NEVER find a job if you don't at least look.
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Old 04-09-2009, 04:38 PM
 
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Quote:
Originally Posted by annerk View Post
Anyone who just gives up is nothing short of stupid. You never know when you might find the perfect job, even if you've been looking for a long time. You'll NEVER find a job if you don't at least look.

I was just asking a general question.
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