Weekly Unemployment Claims Rise Above Expectations

From dshort.com - Advisor Perspectives
January 31, 2013 - 9:48am

Jan 31, 2013 Doug Short  The Unemployment Insurance Weekly Claims Report was released this morning for last week. The 368,000 new claims number was a larger than forecast 38,000 increase from the previous week. The less volatile and closely watched four-week moving average, which is usually a better indicator of the recent trend, rose from 351,750 to 352,000. Here is the official statement from the Department of Labor:More...

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