Wednesday, November 21, 2007

THIS CANNOT BE

Bush is telling lie's again.

This cannot be true.

The world is going to hell in a hand basket.

As they say for Pepsi Max,
Wake Up People!!!!!!!!!!!!!!!!!!!!

From Yahoo Finance.

AP
Layoffs Dip, Good Sign for Labor Market
Wednesday November 21, 4:39 pm ET
By Jeannine Aversa, AP Economics Writer
Fewer People Sign Up for Jobless Benefits, Good Sign Labor Market Remains Strong
WASHINGTON (AP) -- Fewer people signed up for jobless benefits last week, an encouraging sign that most companies aren't resorting to large-scale layoffs as the country copes with continuing problems in the housing and credit markets.

The Labor Department reported Wednesday that new applications filed for unemployment insurance dropped by a seasonally adjusted 11,000 to 330,000 for the week ending Nov. 17. It was the lowest level since the beginning of November. The 330,000 level of claims was in line with economists' forecasts.
A year ago, new claims for unemployment insurance stood at 322,000.

Is this guy on something?
"We continue to believe that most statistical and anecdotal evidence continue to point to a relatively healthy labor market," said Omair Sharif, an economist at RBS Greenwich Capital.

I understand gas is high but when will people wake up and realize that the economy is still doing well. How can the lib's say the economy is crap.

Read the whole article

No comments: