Thursday, May 10, 2012

The layoffs will continue until morale improves - Hit & Run: "High unemployment is the new normal": "The headline unemployment statistics are wrong. Unemployment is higher than 8.1 percent and it will be for a while."

Not to worry: initial jobless claims dropped last week after the previous week's claims were revised upward for the 17th straight week.  So they can go down.

1 comment:

Barber of Civility said...

People's Republic of Massachusetts is at 6.5%.

Time to pin down Romneycare and cut its hair off so we can get the Commonwealth's economy rolling again.