Initial jobless claims now in a confirmed seasonal uptrend, but still positive for the economy
– by New Deal democrat My “quick and dirty” economic status indicator is the stock market (still making new all-time highs) and initial jobless claims, which are also still positive for the economy despite being in an apparent uptrend. Last week initial claims rose 8,000 to 229,000, their second highest level in the past 9 […]