Comments on: Jobless claims stuck near 530,000, point to structurally high unemployment http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57397 Edward Harrison Fri, 23 Oct 2009 16:35:00 +0000 http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57397 I'm glad you think that's a positive spin. But, if that's positive, I reckon a negative spin would look downright depressing. I’m glad you think that’s a positive spin. But, if that’s positive, I reckon a negative spin would look downright depressing.

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57396 Anonymous Fri, 23 Oct 2009 16:10:00 +0000 http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57396 I commend you for your positive spin on the situation (The pros outnumber the cons). Hopefully things will turn around and we won't need to make these lists. Tegan <a href="http://us.hudson.com/finance/node.asp?kwd=erm" rel="nofollow">Getting Started with Enterprise Risk Management (ERM)- Hudson Financial Solutions</a> I commend you for your positive spin on the situation (The pros outnumber the cons).

Hopefully things will turn around and we won’t need to make these lists.

Tegan
Getting Started with Enterprise Risk Management (ERM)- Hudson Financial Solutions

]]> By: LavrentiBeria http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57390 LavrentiBeria Thu, 22 Oct 2009 18:23:00 +0000 http://www.creditwritedowns.com/2009/10/jobless-claims-suck-near-530000-point-to-structurally-high-unemployment.html#comment-57390 "Basically, the numbers are coming down but not fast enough. The 2nd derivative i.e. the change in claims is going the wrong way – and this is in comparison to a period when claims were leaping up post-Lehman. I see this data point as an ominous sign." From Edwin Markham's, The Man With The Hoe: "O masters, lords and rulers in all lands How will the Future reckon with this Man? How answer his brute question in that hour When whirlwinds of rebellion shake all shores? How will it be with kingdoms and with kings — With those who shaped him to the thing he is — When this dumb Terror shall rise to judge the world. After the silence of the centuries?" “Basically, the numbers are coming down but not fast enough. The 2nd derivative i.e. the change in claims is going the wrong way – and this is in comparison to a period when claims were leaping up post-Lehman. I see this data point as an ominous sign.”

From Edwin Markham’s, The Man With The Hoe:

“O masters, lords and rulers in all lands
How will the Future reckon with this Man?
How answer his brute question in that hour
When whirlwinds of rebellion shake all shores?
How will it be with kingdoms and with kings —
With those who shaped him to the thing he is —
When this dumb Terror shall rise to judge the world.
After the silence of the centuries?”

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