Initial weekly unemployment claims increased to whopping 454,000 this week. Last week was revised to 413,000, up 9,000. Seems the U.S. just cannot get below that magic number of 375,000 people per week applying for unemployment benefits. More details below.
Initial weekly unemployment claims decreased to 404,000 this week. Remember when on December 30th, Initial Jobless Claims dropped below 400,000 and everyone cheered? Then, the last week IUC jumped up to 445,000? Which pattern is true? Well, they both are.
Initial weekly unemployment claims increased to 445,000 this week. Remember when on December 30th, Initial Jobless Claims dropped below 400,000? Looks like it was a fluke, an anomaly, as originally thought. Initial weekly unemployment claims is a volatile number, subject to revisions.
Initial weekly unemployment claims dropped to 420,000 this week. To combat the never ending press buzz that this means something good, let's look at the details. Initial weekly unemployment claims is a volatile number, subject to revisions.
Initial weekly unemployment claims dropped to 421,000 this week. Once again, the insanity of the financial press jumps on this like it's positive news. Initial weekly unemployment claims is a volatile number, subject to revisions.
Initial weekly unemployment claims dropped to 407,000 this week. That's close to the magic number, 400,000 or below, needed to start creating jobs. This is the lowest number since July 2008, over two years. Initial weekly unemployment claims is a volatile number, subject to revisions.
Initial weekly unemployment claims is a volatile number, subject to revisions and this week is no exception. Last week, a yo-yo number was predicted while most of the press went gaga over two weeks of declines in the initial unemployment claims. This week, the increase is 20,000.
Initial weekly unemployment claims is a volatile number and subject to revisions. Every week the press and traders go nuts at the latest numbers and frankly weekly reports have too much statistical noise in them to declare the job war against the American middle class over.
Initial weekly unemployment claims is a volatile number and subject to revisions. We have shown that initial unemployment claims are simply not dropping, instead acting like a yo-yo, hovering above 450,000. This week is no exception.
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