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re: Today's First Time Unemployment Claims at 330,000

Posted on 1/9/14 at 12:49 pm to
Posted by goldennugget
Hating Masks
Member since Jul 2013
24514 posts
Posted on 1/9/14 at 12:49 pm to
The labor market has been improving for 4 years according to the media.

If it has been improving for 4 years, shouldn't it be fine by now?
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 1/9/14 at 1:19 pm to
quote:

If it has been improving for 4 years, shouldn't it be fine by now?


2008 was an epic contraction. Employment took well over a decade to get back from the crash of 1929. This wasn't quite as epic but still will take a long time to completely recover.

Both businesses I am involved in (my small business I co own but don't manage, and my corporate gig) are hiring. In fact, we are having a hard time finding qualified employees.
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 1/9/14 at 2:19 pm to
quote:

If it has been improving for 4 years, shouldn't it be fine by now?



no because the improvement is against all those other jobs that would have been lost had Obama not stepped in and put out the fire that was the Bush recession/depression. Now 5 years in we are just getting back to normal thanks to Obama.

In other news, Global warming is now thought to be
affecting natural evolution in the most adverse of ways. Scientist are saying GW is responsible for cancer amongst the cutest of baby pups ...
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