This could be an anomaly, as any single data point in this series might be. However, it doesn’t bode well for holiday hiring that we had this large bump at the beginning of November, and it might signal a very quiet retail period ahead.Ah yes, the third 'D' at work: Di-vorce, De-friend and De-employ.
Thursday, November 15, 2012
Jobless claims surge over 439,000 in one week since Obama's reelection
Coincidence, or a deliberate downsizing by business owners? From Eric Dondero: Are businesses downsizing due to Obama's reelection? Ed Morrisey of HotAir adds this troubling note of caution, "Oh my: Weekly jobless claims rise to 439K":