The Weird Economy Continues to Continue

As I noted a couple of days ago, we continue to subsist in a weird economy--news is neither all good or all bad. Today we have bad news: Unemployment Climbed to 6% in April as 48,000 Jobs Cut

The economy has lost more than half a million jobs in the past three months as the number of unemployed workers surged to 8.8 million. Nearly 2 million people have been jobless for 27 weeks or more.

to offset the good news of a couple of days ago: United Press International: Consumer confidence jumps

The private research group said its index measuring consumer confidence, which uses 1985 as a base of 100, surged 19.6 percentage points to 81.0 from 61.4 in March.

The overall good news is that if consumer confidence remains strong, there will be more spending. More spending will lead to more job creation.

Still, the mixed messages persist.