Thursday, March 29, 2012

Four Years Ago Today's Level of Initial Claims was Alarming! Now, Not So Much.

Initial claims for unemployment started to go ballistic in 2008 and by the time it had reached the level to which it has fallen today, in early June, forward thinking managers were sharpening their firing axes, which started to fall hard and swift on the necks of millions all across this country.

Sometimes the cessation of the infliction of pain, even though you continue to bleed badly, seems like an improvement.