Thursday, April 30, 2009

If It's Thursday...

Y'all get the memo anyway. 631,000 new unemployment claims, and we've officially jumped the 6.3 million mark on continuing claims. Consumer spending and personal income down in March, labor costs decreased as well (that happens when you fire 2 million people in 3 months.)

All in all, bad news. April job numbers will be out soon, expecting another 600,00+ jobs lost.

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