September 20, 2007


Unemployment Claims Make Surprise Drop (MARTIN CRUTSINGER, 9/20/07, AP)

The number of laid-off workers filing claims for unemployment benefits fell to the lowest level in seven weeks, an unexpected sign of improvement for the jobs market. [...]

The four-week average for claims, which smooths out some of the volatility, also showed an improvement, falling to 320,750 from 324,250 the previous week.

Do such minor fluctuations really matter anyway in a full-employment economy?

Posted by Orrin Judd at September 20, 2007 10:54 AM

Only in the minds of the media.

Posted by: erp at September 20, 2007 11:44 AM

With a few minor quarterly exceptions, we are several decades into the most robust economic growth the world has ever witnessed.

Yes the MSM continues to be "surprised" by continued economic good news.

Of course, should a Dem be elected in 2008, we'll enjoy at least four years of banner headlines announcing our good fortunes.

Posted by: JonSK at September 20, 2007 2:05 PM

The reason for the drop is because Cheney boiled and ate those people who would have filed for unemployment.

Posted by: pchuck at September 20, 2007 2:20 PM

I think Cheney is more of a barbeque type.

(Hmmm... long pig...)

Posted by: Raoul Ortega at September 20, 2007 3:25 PM

Raoul, he used to be a BBQ man; however, because of his stent he must eat everything boiled.

Posted by: pchuck at September 20, 2007 5:17 PM