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A Deep Dive Into The Terrible Jobless Claims Number
The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 43,000 from an upward revision of the previous week to 431,000. That is a 10% increase for the week and a 4-week moving average increase of 5.4%. Here is the official statement from the Department of Labor:
In the week ending April 30, the advance figure for seasonally adjusted initial claims was 474,000, an increase of 43,000 from the previous week's revised figure of 431,000.
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Unemployment Claims Jump 25,000
Doug Short submits: The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 25,000 from an upward revision of the previous week to 429,000. The four-week moving average increased by 2.3%.... Read Post
Weekly Unemployment Claims Up 10,000, 4-Week Moving Average Down 1,750
Doug Short submits: The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 10,000 from a 4,000 upward revision of the previous week, but the 4-week moving average declined by 1,750. Here... Read Post
Weekly Unemployment Claims: A Stunning 10% Increase
Doug Short submits: The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 43,000 from an upward revision of the previous week to 431,000. That is a 10% increase for the week and a 4-wee... Read Post