These numbers don’t include the 250,000+ whose extended federal benifits were suspendend this month due to the April “improved” (skewed) numbers (before the revisions). Those 250,000+ unemployed workers are SOL and cannot make a continued claim, their 79 weeks of compensation are up, so they are no longer counted as either claimants or as unemployed, but they do count as part of the decline in claims. The truth is out there, but you won’t find it in the news media or from the government bean counters.
Looks like the Consumer Confidence numbers released today weren’t very good. Obama SHOULD have a very, very tough road to re-election.