Saturday, July 24, 2010

Initial Unemployment Claims: Still Super High

Initial claims for unemployment insurance remains super high like Oakland, California:

This is super bad. The number of people filing for unemployment benefits has remained at a high level which is a sign that our economy is still feeling the pain.  Initial claims are still above 400,000 which is indicative of an economy that's still losing steam (womp! womp!). 

1 comment:

  1. The job market will not really recover until we see the quality of the jobs being created improve.