Obviously bad but sort of in line with expectations. It still confirms that we are in a recession, but we thought that already 
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Hot off the wire
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Local people read newspapers in front of an old structure with the pictures of Indian mythological gods at a street leading towards the Taj Mahal Hotel in Mumbai, India, Tuesday, Dec. 2, 2008. The scarred and traumatized city struggled back to its feet Monday, reopening schools and businesses, as residents tried to come to terms with the string of terror attacks that brought bloodshed to the heart of Mumbai. The mourning for the 172 people killed in the three days of violence that started Wednesday night was not over, however.
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A voter displays her voter identity card as others wait for their turn to cast their ballot during an assembly election at a polling booth in Aizawl, capital of India's northeastern state of Mizoram, December 2, 2008. Polling is being held across Aizawl on Tuesday for Mizoram's 40 assembly seats.
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South Korean activists (L) scuffle with left-leaning critics (R) who tried to block the propaganda leaf-letting at Imjingak park near the border with North Korea in Paju on December 2, 2008. South Korean rights activists launched more propaganda leaflets into North Korea after scuffling with critics who accused them of straining cross-border relations.
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Recently starred
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Chelsea Clinton (L) and former US President Bill Clinton watch as US Democratic presidential candidate Senator Hillary Clinton (D-NY) speaks at the National Building Museum in Washington June 7, 2008. Clinton endorsed presumptive Democratic presidential nominee Senator Barack Obama (D-IL) to be the Democratic U.S. presidential candidate on Saturday and suspended her own White House bid less than a week after the Illinois senator secured enough support to win the nomination. Clinton's endorsement of Obama in a speech at the National Building Museum marked the beginning of efforts to reunite the Democratic Party after a long and divisive campaign battle that ended on Tuesday when Obama won the support of enough delegates to clinch the nomination.
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A tear runs down the face of U.S. Democratic presidential nominee Senator Barack Obama (D-IL) as he speaks about his grandmother who died earlier on Monday, during a campaign rally in Charlotte, North Carolina, November 3, 2008. On the eve of Tuesday's U.S. presidential election, Obama's grandmother Madelyn Dunham died after a battle with cancer.
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U.S. Democratic presidential candidates Senator Barack Obama (D-IL) and Senator Hillary Clinton (D-NY) (R) share a hug at the conclusion of the CNN/Los Angeles Times Democratic presidential debate in Hollywood, California January 31, 2008.
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U.S. Republican presidential nominee Senator John McCain (R-AZ) (near) answers a question as Democratic presidential nominee Senator Barack Obama (D-IL) looks at him during their debate at Belmont University in Nashville, Tennessee October 7, 2008.
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Quote by David Wyss from June Jobless Claims In The Recession Zone
Obviously bad but sort of in line with expectations. It still confirms that we are in a recession, but we thought that already
said David Wyss
in Forbes
More quotes from June Jobless Claims In The Recession Zone
The economy is sailing through dangerous, unchartered waters, and Henry Paulson and Ben Bernanke, the helmsmen, seem confused and unsteady, adding to pessimism about the outlook for U.S. GDP growth and jobs ... The Feds inadequate response to the credit crisis is undermining the exchange for the dollar against the euro. Cheap dollars permit Europeans to bid up the price of oil, further pushing up U.S. gasoline prices and exacerbating the U.S. economic slowdown.
said Peter Morici
in Forbes
Bottom line, Treasury and Federal Reserve policies toward China and the banks are manufacturing higher oil prices, inflation and recession. It is no surprise the economy is hemorrhaging jobs.
was said
in Forbes
Search all quotes
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Clinton set for Obama cabinet job
Rice: Pakistan must aid attack probe
U.S. manufacturing sector contracts for 4th straight month
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