THE US Joblessness Thread (merged)
Posted: Thu 15 Sep 2005, 18:19:34
See also THE US Unemployment Thread
Jobless claims took the highest jump over a week period in ten years. And the number is likely to be much higher because the gov. is not good at processing claims and many who would normally file are probably just now getting into a position to file. Jobless claims.
Add to that Fed chairmen Alan Greenspan issued another warning about the risk exposure of Fannie Mae and Freddie Mac who together own 1.5 trillion in home mortgages. Freddie Mac and Fannie Mae
And then we have what? four major airlines in bankruptcy. Ford and Gm not far behind on the need to file. Consumer spending is dropping and inflation is also increasing. Spending
Then of course we have the ever popular high oil prices and natural gas supply problem. This all adds up to a great depression worldwide. What do you guys think? What other bad news did I miss? Oh I left out the 200 billion dollar kick in the ding ding that was Katrina.
Jobless claims took the highest jump over a week period in ten years. And the number is likely to be much higher because the gov. is not good at processing claims and many who would normally file are probably just now getting into a position to file. Jobless claims.
Add to that Fed chairmen Alan Greenspan issued another warning about the risk exposure of Fannie Mae and Freddie Mac who together own 1.5 trillion in home mortgages. Freddie Mac and Fannie Mae
And then we have what? four major airlines in bankruptcy. Ford and Gm not far behind on the need to file. Consumer spending is dropping and inflation is also increasing. Spending
Then of course we have the ever popular high oil prices and natural gas supply problem. This all adds up to a great depression worldwide. What do you guys think? What other bad news did I miss? Oh I left out the 200 billion dollar kick in the ding ding that was Katrina.