This will probably be covered on the front page soon, but I thought I'd give everybody a head's up that I just heard on the radio that first time unemployment claims are down by about 6000.
Needless to say, this is really good news. For the economy and for President Obama's re-election prospects. The one thing that could really derail what is increasingly looking like a pretty smooth trip to a second term is a major downturn in the economy.
This is a good sign that the economy is at least not getting a lot worse. I think we need to see a few more months of this trend to say things are getting appreciably better. Nonetheless, it is good news both for the president and people looking for work.