Dollars and Jens
Thursday, November 12, 2009
Initial Claims of Unemployment
502,000. Next Thursday expect 515000-520000, but something in the 490,000 range the day before Thanksgiving.
Incidentally, continuing claims are down on both an adjusted and unadjusted basis over the last few months, though this may be in some part people who ran out of benefits. I'm not sure that number contains a lot of useful information that isn't better represented in the monthly employment reports.


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