Thursday, April 27, 2006

Jobless Claims

From Polipundit

The Labor Department says the four-week moving average of first-time claims for state jobless benefits is that of 309,000.

To put that into perspective, back in April 1998 – during the halcyon daze of the liberal media’s self-proclaimed “greatest economic expansion of all time” – the four-week moving average of initial jobless claims was 311,000.

Yep, more people were being laid off from their jobs back then when compared to today. That’s notwithstanding the fact upwards of 13 million more people are working today.

No comments: