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

Jobless claims: back to almost completely normal and neutral

 – by New Deal democrat Initial jobless claims continued their return to normalcy this week, as they increased 3,000 to 221,000. The four week moving average declined -9,750 to 227,250, which is tied for the lowest number except for two weeks in five months. Continuing claims, with the typical one week delay, rose 39,000 to […]

Increasing Jobless Claims Resulting from Seasonality?

Jobless claims join other data series inching in the direction of yellow caution territory – by New Deal democrat Ever since jobless claims started higher in May, I’ve cautioned that I suspected that unresolved seasonality may be at play. We are now at the point where claims were at their low points for all last […]

Jobless claims continue their snooze-fest

 – by New Deal democrat The Bonddad Blog [Note: I’ll put up a post discussing Q1 GDP later today.] Initial and continuing claims continued their snooze-fest this week. Initial claims declined -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week. The four week average declined 1,250 to 213,250. This […]