(AP) The U.S. economy grew at an anemic annually rate of .04% during the last quarter of 2012 well below average based on historical standards and the weakest quarterly performance in almost two years.
In related economic news jobless claims rose more than forecast last week–first time jobless claims increased 16,000 to 357,000 the highest level in more than a month.
On the 10 January, I wrote here that the economy must add between 100,000 to 125,000 jobs per month just to keep up with normal population growth.
Related: Video Shows Obamanomics Failure –CATO
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