Income

Jobless Claims Apparently Go Both Ways

By Jeffrey P. Snider|2013-01-25T14:10:58-05:00January 25th, 2013|Markets|

From the Department of Labor, announcing a 5-year low in adjusted jobless claims: "The advance number of actual initial claims under state programs, unadjusted, totaled 436,766 in the week ending January 19, a decrease of 119,944 from the previous week. There were 416,880 initial claims in the comparable week in 2012." [emphasis added] According to the statisticians at the DOL, [...]

Job Recovery Pattern

By Jeffrey P. Snider|2012-11-02T14:34:47-04:00November 2nd, 2012|Markets|

This was the second consecutive employment report that featured a large increase in employment levels estimated by the Household Survey. After September’s +873k, October’s survey yielded a gain in overall employment of +410k. While this has caused a spurt of optimism, it is actually the second time just this year we have seen this pattern ( a near exact repeat). [...]

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