This is recovery?

j-mac

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The number of U.S. workers filing applications for jobless benefits rose last week, continuing an uneven pattern that suggests job creation was likely modest in July.

The U.S. government runs 47 programs that offer some form of job training, but data are spotty on how effective they are at producing jobs for the unemployed. Ianthe Dugan reports on Markets Hub. Photo: Jesse Neider for the Wall Street Journal.

Separately, factory orders unexpectedly fell in June, the latest sign that the slowing economy is sapping demand.

Initial jobless claims, an indication of layoffs, increased by 8,000 to a seasonally adjusted 365,000 in the week ended July 28, the Labor Department said Thursday. Economists surveyed by Dow Jones Newswires had forecast 370,000 new applications for jobless benefits last week.

Claims for the July 21 week were revised up to 357,000 from an initially reported 353,000.

http://online.wsj.com/article/SB10000872396390443687504577564761715307088.html

Jobless claims still posting the 350 to 450K range, Over $5 Trillion spent on failed stimulus, 23 to 24 Million Unemployed/Underemployed, 41 straight months of Unemployment rate over 8%, Economy basically flat, or stalled.

How is this any sort of "recovery"?
 
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