Posts Tagged ‘First-Time Unemployment Claims’
Unusual Unemployment
Last week’s first time claims for unemployment insurance came in at 289,000, the second lowest reading since May 2000. Importantly, the claims numbers from three weeks ago, which came in at 279,000, were the absolute lowest since May 2000 (yes, 14 years ago). The less volatile 4-week moving average now stands at 293,500, the lowest…
Read MoreBulls and Bears Battle
Week of 5/9/11 data recap: Retail sales were weak beneath the surface with 60% of the strength in April sales coming from higher prices for gasoline and food; looking closely at the Producer Price Index there is still minimal evidence of any pass-through inflation from the crude stage to the final product which means core…
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