think - about what this really means.
vs do a media "spin" on it.
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These two sets - two from PE's Sold at the Top, and two from Bill@CR - show U.S. very different views of the weekly claims numbers.
CR does not bother to show U.S. the volatile weekly numbers, only the more rational 4 week moving averages.
These two sets - two from PE's Sold at the Top, and two from Bill@CR - show U.S. very different views of the weekly claims numbers.
CR does not bother to show U.S. the volatile weekly numbers, only the more rational 4 week moving averages.
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PE shows U.S. the gentle decline over the last two years, which suggests that, slowly, tis gett'n better.
CR shows U.S. the longer view - since W became President, and what happened when we, finally, got rid of him - we tanked. While we ARE, very slowly gett'n better, we have a LONG way to go.
-----------PE shows U.S. the gentle decline over the last two years, which suggests that, slowly, tis gett'n better.
CR shows U.S. the longer view - since W became President, and what happened when we, finally, got rid of him - we tanked. While we ARE, very slowly gett'n better, we have a LONG way to go.
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Couple of days ago, JOLTS showed U.S. that "quits" were increasing, a lot.
What that suggests is that while fewer people are filing for new claims.
the reason is that they quit their old jobs WHEN they found a new one.
So, new claims MAY go down, and job creation may stay the same.
The long-term unemployed are simply "out of luck".
Couple of days ago, JOLTS showed U.S. that "quits" were increasing, a lot.
What that suggests is that while fewer people are filing for new claims.
the reason is that they quit their old jobs WHEN they found a new one.
So, new claims MAY go down, and job creation may stay the same.
The long-term unemployed are simply "out of luck".
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The implications of that are economically stunning.
The implications of that are economically stunning.
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Unemployment:
Initial, Continued and Extended Unemployment Claims Nov 10
http://paper-money.blogspot.com/2011/11/extended-unemployment-initial-continued_10.html
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Weekly Initial Unemployment Claims decline to 390,000
http://www.calculatedriskblog.com/2011/11/weekly-initial-unemployment-claims_10.html
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