Thursday, April 21, 2011

Jobless claims down 23,000 to 403,000 filings last week - Less Than Expected

[mEDITate-OR:
wonder why last weeks numbers were revised up
making this weeks numbers look larger.
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Note that the 2nd article is another of Zacks very good and thorough analysis of these new numbers.
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joblessclaims-042111.jpg
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Unemployment claims drop by 13,000 from last week
Unemployment claims continue on a significant declining trend, with initial and continued claims declining. In all, about 4 million people are receiving unemployment benefits.
http://www.csmonitor.com/Business/Paper-Economy/2011/0421/Unemployment-claims-drop-by-13-000-from-last-week
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Initial Claims Fall Less Than Expected
http://www.zacks.com/stock/news/51715/Initial+Claims+Fall+Less+Than+Expected?adid=
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