The recent “optimistic” report on the employment scene was good news and then it was bad news…I know…I know…what the hell does that mean?

The number of Americans receiving claims for unemployment benefits dropped for the first time since January, adding to evidence the job market is starting to thaw.

And in the same report this was given:

Initial claims rose by 3,000 to 608,000 in the week ended June 13, in line with forecasts.

The average number of claims over the last four weeks fell to the lowest level in four months, an indication that the U.S. economy is stabilizing after the worst recession in half a century. Even so, companies are likely to be slow to hire new employees, sending unemployment rates higher, analysts said.

Okay…make up my mind for me….is it good or bad?

As usual no one wants to mention the poor bastards who have NO claims left…that have come off the rolls or just stopped looking.  This is the same type of reporting that goes on weekly……any good news is in the big type and the not so good is later in the report in small type.

Here is a truer judgement of the employment picture:

Forty-eight states and the District of Columbia recorded unemployment rate increases in May, the government reported Friday. One state registered a rate decrease, and one state had no rate change.Several states and regions posted their highest unemployment rate since the report debuted in 1976.

Over the year, jobless rates were higher in all 50 states and the District of Columbia.

Please stop believing all the crap they throw……things are NOT getting that much better….only for the guys and gals on Wall Street…they got their bailout while the rest of us can starve….makes NO difference to Washington….they have jobs.