Monday, June 8, 2009

Keeping my eye on the employment picture

The reason I haven't been posting is because they've won, or rather they THINK they have.

The bottom line is, "Can you produce enough jobs for the masses to sustain this lie?"

Everyone's thinking that the job losses are slowing. I'm not convinced. No new lending has occurred.

We'll see when next month's jobs report comes out. But we can also get some indication in the weekly report for initial claims for unemployment insurance set to come out this coming Thursday.

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