things are definitley looking up!

[spence]

This is really a dumb thread.

Experts predicted that unemployment would continue to rise through 2009 regardless of what happens. What's good is that the rate of claims on average is trending down from the alarming rate earlier this year.

Most indicators are looking up for the rest of 2009.

Granted, I'm not an MBA but I would think a business needs to see increasing revenues before they can justify hiring more workers and adding expense to their balance sheet.

RIJIMMY seems to be advocating the opposite of this, hire the people to give everybody a job and then see what happens. Sounds like socialism to me

-spence

[scottw]

Originally Posted by spence

This is really a dumb thread.

Experts predicted that unemployment would continue to rise through 2009 regardless of what happens. What's good is that the rate of claims on average is trending down from the alarming rate earlier this year.

-spence

maybe the rates of claims is trending down because they're going on welfare.....

JUNE 22, 2009 Numbers On Welfare See Sharp Increase

By SARA MURRAY

Welfare rolls, which were slow to rise and actually fell in many states early in the recession, now are climbing across the country for the first time since President Bill Clinton signed legislation pledging "to end welfare as we know it" more than a decade ago.

Twenty-three of the 30 largest states, which account for more than 88% of the nation's total population, see welfare caseloads above year-ago levels, according to a survey conducted by The Wall Street Journal and the National Conference of State Legislatures. As more people run out of unemployment compensation, many are turning to welfare as a stopgap.

The biggest increases are in states with some of the worst jobless rates. Oregon's count was up 27% in May from a year earlier; South Carolina's climbed 23% and California's 10% between March 2009 and March 2008. A few big states that had seen declining welfare caseloads just a few months ago now are seeing increases: New York is up 1.2%, Illinois 3% and Wisconsin 3.9%.