I know what to think…
(Honestly, I started this last Thursday, oops.)
The Labor Department reported Thursday that applications for jobless benefits hit 337,000 last week, an increase of 28,000 from the previous week. That was the biggest one-week surge since jobless claims jumped 42,000 the week of Feb. 10. The increase was four times larger than the gain of 6,000 that economists had been expecting and could be a sign that the labor market is starting to weaken under the impact of a severe downturn in housing and the credit crisis that jolted financial markets in August. ((From: Jobless claims rise sharply))
If you’re up on the news, you’ve noticed that everyone seems to be discussing (in the U.S., and elsewhere as well) the recent/future financial crisis that can get big. It seems were all getting hit from all sides, but I think the common denominator is exploitation. … continue reading: I know what to think…