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January 05, 2006
Jobless Claims Plunge To Five Year Low
Liberal economists say it's only because "discouraged workers" finally got so discouraged they actually went out and got jobs:
The number of newly laid-off workers filing claims for unemployment benefits fell to the lowest level in more than five years last week, providing strong evidence that the labor market is shaking off the effects of a string of devastating hurricanes.
The Labor Department reported Thursday that applications for unemployment benefits dropped by 35,000 to 291,000, the smallest number since Sept. 23, 2000, when the economy was in the concluding months of the longest economic expansion in history.
The decline of 35,000 claims was much better than Wall Street had been expecting....
Click pic for "Cowbell Theme,"
courtesy of Blaster's Blog
Oh, and then there's the Austrian gamer-girl chick, if you like that sort of thing.
I'd rather be laid on than laid off!