Job Market Weak, Still!
June 23, 2011 Leave a comment
Hard to have economic recovery if there are many “consumers” without a job.
This is the 11th straight week with initial claims above 400,000, and the 4-week average is at about the same the level as in January. This suggests the labor market weakness in May continued into June.
via Calculated Risk: Weekly Initial Unemployment Claims increase to 429,000.
About Stephen E. McGaughey
Coral Gables Watch 