Unemployment claims came in with a strong showing today. Seasonally adjusted claims were 364,000, below the magic number of 375,000 that is associated with strong employment growth.  More importantly, the 4-week average continues to show a year-over-year improvement of 30,000+.  If that trends continues we should see a good first quarter of 2012--look for significant employment increases then.  But don't expect a paved road: the Fed is still not allowing money supply (M3) to grow, and the economy will be muted until the Fed gets its act together.
5/22/2012 08:48:31 pm

Nice blog about the employment crises and the points which are described are also interesting to read.

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jfo
5/28/2012 10:20:52 am

Thanks!

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7/8/2012 04:22:22 pm

There is lot of articles on the web about this. But I like yours more, although i found one that’s more descriptive.

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8/12/2012 05:03:16 pm

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