Allow me to quote from the link that I posted above and you obviously didn't read....callmeslick wrote:and, it is about 6 weeks since, wait for it.......
College and High School Graduations, creating a huge new wave of job-seekers, bumping people out of the temp market, and into unemployment. In other words, if you look back, every year, around the end of June, unemployment claims rise. The economy is recovering on a fine pace, especially with a hold on government jobs state and federal, and little governmental incentives or programs for job creation. Hell, even former opponents of federal stimulus are starting to wonder if the best way out is for the government to create jobs. I've heard 3 or 4 of them, in the past month, admit as much.
"The claims number has been stuck in a tight band of 330-375k for several months. With only weak economic growth, there is little appetite among employers to step-up hiring. Without sustained growth in jobs, however, the economy isn't able to grow much faster.
Stagnant is the new normal. "
Anything else? I can help ya with?
