Something that doesn't get mentioned is that as unemployment
numbers rise there are less and less people to lay off. Therefore
the numbers are worse than they sound with 10% now unemployed we
should be seeing these numbers decline by 5% just to break
even.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
News
Posted by isplat on 25th of Jun 2009 at 08:32 am
initial claims 627k vs exp. 600k
GDP -5.5% vs exp. -5.7%
News
Posted by ditch on 25th of Jun 2009 at 08:57 am
Something that doesn't get mentioned is that as unemployment numbers rise there are less and less people to lay off. Therefore the numbers are worse than they sound with 10% now unemployed we should be seeing these numbers decline by 5% just to break even.