Relevant and even prescient commentary on news, politics and the economy.

The end of “steady as she goes” in jobless claims?

– by New Deal democrat This week’s report on initial jobless claims was of particular interest, because of the issue of whether Federal employees laid off by the new Administration would cause an increase. It appears they did. Initial jobless claims rose 22,000 for the week to 242,000, and the four week moving average rose 8,500 […]