Thursday, December 26, 2013

Initial Claims Tumble Even As 1.3 Million Americans Are Set To Stop Collecting Benefits | Zero Hedge

Initial Claims Tumble Even As 1.3 Million Americans Are Set To Stop Collecting Benefits | Zero Hedge:

How do they get away with this, or are the public really that stupid ?


the more critical part of the labor department's report is the end of the Emergency Unemployment Compensation (EUC) program which will pay one more claim this week and then 1,333,332 will begin to lose their benefits. EUC benefits cannot be paid for any week of unemployment after Dec 28th (which, of course, is great news for the unemployment rate). 

'via Blog this'

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