08 December 2011

It's Jobless Thursday

And the news is actually pretty good, with initial claims falling to the lowest level since February, 381,000, with the less volatile 4-week moving average falling to 393,250, and the continuing and extended claims fell as well.

Definitely good news. If we maintain this for the next 4 weeks or so, I'll believe that this is neither an outlier or an artifact of misused correction factors.
Yeah, I'm a glass half full kind of guy


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