That’s the number of people who applied for unemployment benefits last week. “Experts” are now saying the drop last week was probably because of the bad weather which kept people from applying.

Maybe the folks who gave a victory yell about how wonderful we were doing last week will now take it back.

The Associated Press reports:

The Labor Department said that 3.91 million people were receiving regular unemployment benefits. That data is one week behind the figures for new applications. Another 4.5 million people out of work for a longer period are receiving extended unemployment benefits.

But that’s not the big picture. The big picture is that there are hundreds of thousands of people who have fallen off the government radar meaning they don’t have a job and have exhausted all their benefits or they never applied. Continue reading →