Unemployment: Initial, Continued and Extended Unemployment Claims Dec 15 = decline to 366,000 = to lowest level since 2008

[mEDITate-OR:
not wonder how "falling" is good news...
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While the trend is down, that does not mean that there is any NEW hiring going on.
Nor, does it mean that those being hired did not quit a different, lower paying
or even a terrible job, to switch - now that they think they can.
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The labor participation levels tell U.S. the true story here.
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Extended Unemployment:
Initial, Continued and Extended Unemployment Claims December 15 2011
http://paper-money.blogspot.com/2011/12/extended-unemployment-initial-continued_15.html
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Initial jobless claims fall to lowest level since 2008
http://money.cnn.com/2011/12/15/news/economy/unemployment_benefits/index.htm?iid=HP_Highlight
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Weekly Initial Unemployment Claims decline to 366,000
http://www.calculatedriskblog.com/2011/12/weekly-initial-unemployment-claims_15.html
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