Thursday, March 18, 2004

Good News or Good Spin?

Jobless claims lowest since January 2001
The Labor Department reported Thursday that the number of laid-off workers seeking jobless benefits fell by 6,000 last week to 336,000, a level that was last seen the week of Jan. 13, 2001, just before Bill Clinton relinquished the White House to George W. Bush.

Hope they can all squeeze into the 21,000 new jobs created in Febuary.

Update: In the name of full disclosure, I am an economic illiterate. Yes, Fed Reserve Group members, you should be worried.


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