Jobless claims down to 456k, a good thing. Continuing claims at 4.65 million however, and that's not good. We really do need to get under the 400k hump on the weeklies to even start having a fighting chance at job recovery.
I just don't see that happening in 2010, and it may very well get worse in 2011.
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Inflation lingering and banks honestly not having learned their lesson. Yea I have a feeling it's going to get a lot worse before we're in the clear.
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