initial weekly claims

Initial weekly unemployment claims for July 24, 2010

Initial weekly unemployment claims is a volatile number, subject to revisions. Regardless the below graph shows a disturbing trend in weekly initial unemployment claims, they simply are not going down to pre-recession levels. The 4-week average on initial unemployment claims is as high as April 2010.

 

 

Initial weekly unemployment claims for July 1, 2010

Most readers on this site know initial weekly unemployment claims is a volatile number, subject to revisions. Tomorrow the monthly unemployment report will be released. Regardless the below graph shows a disturbing trend in weekly initial unemployment claims, they simply are not going down to pre-recession levels. The 4-week average on initial unemployment claims is as high as March 2010.

 

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