Thursday, May 6, 2010

If It's Thursday...

New jobless claims down slightly to 444k, continuing claims down a smidge to 4.59 million.

Still not great news.  Tomorrow's April unemployment numbers will hopefully be as good as they are predicting.  Unfortunately we're going to need 2-3 times that 200k+ new jobs a month sustained for a year or more just to get back to 2007.

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