Thursday, July 01, 2004

The Wecovery: If this is a recovery, where are the jobs? 

Get a load of this. Why do any of these analysts have any credibility any more?

The number of new people signing up for jobless benefits rose slightly last week, although the overall pace of recent applications suggests the labor market remains in recovery mode.
(via AP)

Well, well. I thought the job market was booming? But wait! There's cause for optimism!

Still, when compared to the same week last year, the latest figures clearly showed that the pace of layoffs has moderated considerably.

Now I feel better!

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