Friday, June 19, 2009
The Doubling Of Unemployment "Paychecks"
As program trading computers pretend to care about such fundamental things as continuing jobless claims, a peculiar trend emerges. Over the past two months, it has become obvious that while continuing claims have doubled (up 124% to be precise from March 2007) - a major metric that many market participants (at least ones not based on a SPARC architecture) have been following - another, potentially more troubling observation is that Monthly Unemployment Payments have doubled the rate of increase in jobless claims (234% from March 2007 based on the Treasury Daily Statement)...
Zero Hedge: The Doubling Of Unemployment "Paychecks"
Zero Hedge: The Doubling Of Unemployment "Paychecks"
Permalink posted by markw @ 4:56 AM 
 |
 |  |
  |
