Musings, observations, and written works from the publisher of Eckhartz Press, the media critic for the Illinois Entertainer, host of Minutia Men, and the writer of "The Living Wills", "$everance," "Just One Bad Century," "Father Knows Nothing," "The Radio Producer's Handbook," and "Records Truly Is My Middle Name"
Thursday, April 21, 2016
Maybe the Sky Really Isn't Falling?
From this morning's Daily Beast...
The number of Americans filing for first-time state unemployment benefits last week dropped to the lowest point on record since the Nixon administration. Labor Department data released Tuesday show claims for the week of April 16 fell 6,000 to an unexpectedly small 247,000—a level not matched since late November 1973. Analysts say the drop reflects an increasingly strong job market and a relative lack of layoffs, despite broader worries about the strength of the U.S. economy.