I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
A weekly performance is a weak measure but when we do a 4 week comparison we notice that unemployment claims still leveled with the past two recessions when they reach peak which means poor economic performance...second in order to consider a good performance unemployment claims have to drop below 400 000 which it has not happened... the 4 weeks average shows that our unemployment claims equal the peak of the past 2 recessions: what that means? that this recession hit harder and that it will take longer to see this numbers drop below 400 000 ....
A weekly performance is a weak measure but when we do a 4 week comparison we notice that unemployment claims still leveled with the past two recessions when they reach peak which means poor economic performance...second in order to consider a good performance unemployment claims have to drop below 400 000 which it has not happened... the 4 weeks average shows that our unemployment claims equal the peak of the past 2 recessions: what that means? that this recession hit harder and that it will take longer to see this numbers drop below 400 000 ....
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