Discussion in 'Economy' started by JimH52, Oct 28, 2010.
Unemployment claims drop sharply to 434,000 | Richmond Times-Dispatch
I don't know that I would call it a sharp drop and increasingly the number being cited is detached from the reality of employment. Most unemployment is in temporary workers and independent contractors who are not covered by unemployment claims.
It will likely drop every month for the next several. That's what happens when you have over 10% of your population unemployed for close to a year. Eventually, the benefits end
My son decided after 11 months to head for Germany and look for work, in the mean time he started talking to his German girlfriend from 15 years ago and ended up not only moving to Germany but getting a job and getting married there. I doubt he'll be back.
Over all the numbers are still terrible. No matter how it is twisted.
Add in discouraged workers and the gaps between official data and reality just keeps widening.
I am sure the repubs will support extending unemployment benefits after the NOv election.
thats what happens when benefits run out
yup, there are a whole slew of '99er's' coming up on benefits termination...
In the mean time Welfare and food stamp roles grow.......
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