Economic and Social Problems Stem From Failing Debt

Nothing unexpected. The problems we face today stem from failing debt - not the number of people requesting unemployment benefits. It still works because the need to believe outweighs most higher order, economic reasoning skills.

Average Weekly Initial Claims State Unemployment (AWIC) And YOY Change


Headline: Unemployment aid requests fall to near 3-year low

The number of people requesting unemployment benefits last week plunged to a nearly three-year low, bolstering the likelihood that companies will increase the pace of hiring this year.

Applications for unemployment benefits fell by 20,000 to a seasonally adjusted 368,000, the Labor Department said Thursday. It was the third decline in the past four weeks. Applications are now at their lowest level since May 2008.

Source: news.yahoo.com