Thursday, October 30, 2003

THE NUMBERS:

Forbes.com: US jobless claims fall in latest week: The total number of Americans filing initial jobless claims fell by 5,000 last week from a revised 391,000 the previous week, the government said on Thursday, in a sign of a convalescing U.S. job market. First-time claims for state unemployment insurance benefits fell to 386,000 in the week ended Oct. 25...
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ok, how in the world can you say jobless claims fell when 386,000 new claims were filed again for the first time this week? we didn't ADD jobs. we have MORE people unemployed than last week. just because our freefall slowed down by 2%, doesn't mean anyone from last week got a job. at this rate, we'll have 1 million more people on unemployment in 3 weeks. GO BUSH!

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