Democrats might lose another issue even before the primaries

Sen. John Edwards has famously said, “…there is no such thing as an economic recovery without jobs.” He may be right, but not in the way he thinks. He thinks we don’t have new jobs and therefore it’s not a real recovery. I say it’s a real recovery and therefore we will have new jobs. The evidence is starting to emerge to support the latter case.

A Bloomberg.com headline says “U.S. Initial Jobless Claims Fell by 43,000 to 348,000 Last Week”. That’s the lowest rate since January 2001. Even better, “The four-week moving average of benefit filings, a less volatile measure than the weekly total, fell to 380,000, the lowest since the week ended March 10, 2001, from 390,000 the week before.” The number of people continuing to collect state unemployment benefits dropped as well. Posted by at November 6, 2003 10:48 AM