hello america!!! here's your daily jobs situation...http://www.dailyjobcuts.com/ i just don't see the creation of new jobs greatly counter-balancing the job losses &, with all of the projected layoffs on the horizon, the balance may end up in a push.
while the jobless claims may have dropped to a 4 year low, there are many factors that should be taken into account but first, there's this..............http://economywatch.msnbc.msn.com/_news/2012/07/12/12701098-jobless-claims-drop-to-a-four-year-low?lite
i personally know of 2 people in my area that recently were laid off but did not work long enough to qualify for unemployment benefits because they used up all of their benefits due to a prior lay off. so, they're stuck in the middle & have applied for public assistance.
&, there's the neighbor across the street who lost his job last friday & rather then file for the benefits (he's actually saving them for an emergency) he's going to live off of what he has in the bank & look for more work..........................
these are just 3 people that help the claims numbers come down &, there are of lot more people out there like them. so no, one can 'read' into the claim numbers any way they wish to but, to call it a good sign is wrong & misleading.
there are far too many 'negatives' & 'unknowns'---(the 'intangibles')---in the jobs markets that make employers very hesitant about opening the flood gates however, the layoffs will continue until we reach that proverbial 'rock bottom'.
we have the jobs & we have more then enough people to fill those jobs but, for the following reasons, we can't get the 2 together. employers aren't hiring & prospective employers aren't interested..........our economy is going to continue to take hits at all levels until we get the healthcare & pension packages under control, less regulations, obamacare issues settled, fairer foreign trade agreements, erase tax uncertainty's &, control all the gov't handouts....................
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