Thursday, April 15, 2010

unemployment is rising

HDRKID prediction was for more woe. Unemployment is rising. Economists prediction was that new unemployment claims would decline in the coming year. Well, that is not what we see. In fact, jobless claims rose by 24,000 to 484,000 last week and they will continue to rise. This does not look like a recovery to me. I mean losing half a million jobs every week is a disaster recipe. Of course, debunkers will say that everything is fine, and I am crazy.

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