Jobless rate slows, unemployment up and traders are happy

Revelation of Truth

  1. The thought is ridiculed
  2. The thought is resisted
  3. The thought is finally considered self evident

There are so many people that have run out their unemployment benefits and have either:

  • Just stopped looking and aren't working
  • They had to take part time work

In these economic times of a prolonged recession, oops better get my words in order her, call it an economic down turn.  Did the powers to be ever really say the R word.  Did we hit enough quarters for them?  I know for a long while they would take any positive growth, no matter if it was imperceptible, they took it just so they didn't count that quarter as negative.