Unexpected uprise in unemployment numbers:
- March 27th: 442,000 jobless claims; down 3,ooo from previous week
- April 10th: UP 484,000 new jobless claims (this does NOT incl. census workers yet); 24,ooo more than last week.
- the 4 week average: 457,750; increase of 75,o00 from last month's average
- (economists will not say economy is recovering until average is below 420,000)
Home Foreclosures1st quarter of 2010 (Jan - Mar) saw a record number of foreclosed homes .... compared to one year ago, was
- up by 35%
states with largest foreclosures? Nevada, Arizona, Florida, California
Obama program to help stop foreclosures has only helped 230,000 home-owners - of course if you are one of those 230,000 home-owners, that means a lot ... but if you are one of the ones who thought you would qualify and then didn't, it means even more.