Baloney.
Jobless claims are very, very high.
Both parties are to blame. We have sent FAR too many jobs to China.
Bring them back to America.
From ISI this morning:
Claims Make Slight Downside Breakout
History suggests that when unemployment claims make a downside breakout, the perception of the economy and Fed policy shifts. They made a slight downside breakout this week. And this is the week of the April employment survey.