Neubarth
At the Ballpark July 30th
We are still not there, but the fact remains that we are close to the point that we can claim that we are starting to recover from this Depression.
The Unadjusted Initial Claims numbers (as they come from the states) which are the only reliable number that we can use show that the rate of job loss is declining. FINALLY!
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 407,267 in the week ending May 8, an increase of 11,132 from the previous week.
WE ARE STILL LOSING JOBS AT A GREATER RATE THAN NORMAL, BUT IT IS GETTING CLOSE TO NORMAL, AND THAT IS GOOD. You have got to get close to normal before you get to normal in a Depression of this magnitude.
The Unadjusted Initial Claims numbers (as they come from the states) which are the only reliable number that we can use show that the rate of job loss is declining. FINALLY!
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 407,267 in the week ending May 8, an increase of 11,132 from the previous week.
WE ARE STILL LOSING JOBS AT A GREATER RATE THAN NORMAL, BUT IT IS GETTING CLOSE TO NORMAL, AND THAT IS GOOD. You have got to get close to normal before you get to normal in a Depression of this magnitude.