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View Diary: At 336,000, first-time unemployment benefit claims are holding at a new, lower plateau (30 comments)

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  •  The other thing that is different (3+ / 0-)
    Recommended by:
    TomP, virginislandsguy, cynndara

    is the layoffs in local and state government have stopped.  In Florida the plan is to significantly increase road construction.

    But the real change here is in real estate - which looks like it is recovering.

    Usually housing leads out of a recession - which is one reason why this recovery has sucked so much.

    It would be interesting to see numbers on how different the recovery would have looked if we had normal job growth in housing.

    A side note: congrats to Bondadd - who Krugman linked to and quoted at some length.

    How many of us have been quoted by a Nobel Prize winner?

    The bitter truth of deep inequality has been disguised by an era of cheap imported goods and the anyone-can-make-it celebrity myth - Polly Toynbee

    by fladem on Thu Mar 21, 2013 at 08:56:08 AM PDT

    [ Parent ]

    •  Layoffs at state and local level are far fewer... (1+ / 0-)
      Recommended by:

      ...but they have not stopped. There were 10,000 of them in February, the fifth straight month of continued state and local layers, with 53,000 of them since September 2012.

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Thu Mar 21, 2013 at 09:19:17 AM PDT

      [ Parent ]

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