Thursday, December 9, 2010

If It's Thursday...

New jobless claims down 17k to 421k, but continuing claims dropped like a rock, some 191,000 people fell off the continuing claims cliff.

But the real story is that some 600,000 plus Americans lost their jobless benefits as they were unable to apply for new ones after 26 weeks of unemployment as the numbers for the Republican hostage-taking start to come in.

Just in time for Christmas.

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