SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (80693)8/12/2010 3:54:41 PM
From: tejek  Respond to of 149317
 
It appears that there are some people joining the jobless claims lines while there are others who are moving into jobs by quitting the jobless lines. This has resulted in the considerable slowing down of the increase in aggregate number of jobless claims. we have gone from 300,000 people a month joining the jobless lines to just about 2,000 per month. This is well within the figure of folks who regularly get skilled out from the job market. I hope Obama can get this message out to the electorate in a very succinct manner.

The problem continues to be employers refusing to hire. They are sitting on tons of cash as they increase the work hours of their existing employees. Something is about to break and I suspect it will be their employees.