pinqy
Gold Member
It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000
So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.
But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.
Everytime the numbers come out you either outright ignore them and come up with your own calculation or you defend them! So my question to you? Why do you defend the indefensible?
I'm not "defending" anything. I specifically said it's not a good sign. You selectively read my posts, it seems.
Is there anything factually wrong with what I wrote? Are or are not weekly claims at a lower level than the last few years?
Are or are not the current claims still too high?
There is no spin or selectivity...just the facts.