Dollars and Jens

The brothers Jens talk finance, economics, and the like.

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Dollars and Jens

Thursday, July 09, 2009

initial claims

Seasonally adjusted initial claims was 565,000 last week. Note possible holiday effect and imperfect "seasonal adjustment". Still, good news.

Moving three-week exponential average:

High by the standard of an average point in the business cycle, but looks like a confirmed downtrend. The calendar issue makes next week's release more interesting.

Labels: Initial Claims of Unemployment

- posted by dWj @ 12:53 PM