From Pine View Farm

Nothing To Do, Nowhere To Go 0

Still well over 600,000 new unemployed workers:

First-time filing for state unemployment benefits fell in the latest week, a possible sign that the worst of the recession may be over.

For the week ended April 25, initial claims fell 14,000 to 631,000.

It marked the lowest level for first time claims in two weeks.

MarketWatch theorizes that this is good news, because it’s not as bad as the numbers from the last two weeks.

Like losing a foot is not as bad as losing a leg, I guess.


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