The Pomp Letter
The Pomp Letter
Unemployment Is Getting Worse And Jobs Are Less Likely To Come Back With Each Passing Week
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Unemployment Is Getting Worse And Jobs Are Less Likely To Come Back With Each Passing Week

To investors,

This morning the latest unemployment report showed that 4.4 million Americans filed for unemployment insurance last week. This is on top of the 22 million Americans who had already filed a new unemployment claim in the prior 30 days, which brings the total over the last 5 weeks to over 26 million unemployment claims.

If you add in the 5.8 mi…

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