http://www.marketwatch.com/story/jobless-claims-up-in-latest-week-trend-positive-2010-01-14?dist=beforebell
Jobless claims jump in latest week; trend positive
First-time jobless claims rose last week by the largest amount in five weeks, surprising economists who had expected a decline.
"It is difficult to get a man to understand something when his job depends on not understanding it."
- Upton Sinclair
Which pretty much sums up the current economic recovery. As explained by Barack Hussein Obama, we currently have an economic recovery that didn't touch the job market, or the real estate market, or the business market. The only market that seems to have been touched by the economic recovery is the confidence market. However, the confidence market seems to be doing very well. Stock prices have been skyrocketing. The stock prices have reached the point where you could make more money by leaving your money in a bank. If there were still any banks that hadn't gone bankrupt yet.
So it looks like the economic recovery (without jobs, homes and businesses) will continue for the next few years.
Is this the hope and change we were promised?
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