>Unemployment News

>I just heard an ABC reporter say that the number of people collecting unemployment has dropped, and his interpretation (notwithstanding the fact that he is supposed to be a reporter, not an interpreter) was that this “may mean that layoffs are slowing down.”

Hmm. It could also mean that lots of people have maxed out their benefits and can no longer collect unemployment.

Considering that he also said, in the same report, that new claims for unemployment are up, I think MY interpretation is more likely.

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