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

Jobless Claims Trending Higher

Jobless claims: seasonality and neutrality continue  – by New Deal democrat The week’s first meaningful data is jobless claims. These have been trending higher YoY, but with lots of seasonal noise. And that trend continued this week. Initial claims increased 6,000 to 223,000. The four-week moving average (especially more important right now to filter out […]