Thursday, April 12, 2012

First Time Jobless Claims Rise -- Easter Blamed -- It's Always Something

Magic number: 400,000

Link here to Reuters/Yahoo!News.

Data points:
  • first time claims last week: highest level since January (this explains all the "Fed talk" yesterday)
  • unemployment benefits increased 13,000 to a seasonally adjusted 380,000
  • analysts had expected a drop to 355,000
  • four-week moving average also rose
  • Easter blamed; expectations that claims will trend lower going forward

1 comment:

  1. From Don:


    The neighbors dog ATE my Resume..

    ReplyDelete

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