Thursday, March 4, 2010

how stupid can you get

This is news?

NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday.

Note that it said for "initial unemployment." Since unemployment is as high as it's been since the Depression, maybe the decrease in "initial unemployment" is due to the fact that the number of people to lay off is decreasing. DUH. When the percentage of un and under employed people go down THAT would be a good sign.

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