Nothing To Do, Nowhere To Go 0
Still not bad.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, increased to 253,000 from 252,000 in the prior week.
The number of people continuing to receive jobless benefits dropped by 15,000 to 2.04 million in the week ended Oct. 15. The unemployment rate among people eligible for benefits held at 1.5 percent. These data are reported with a one-week lag.
The really big news, left implicit but unstated in Bloomberg’s story, is that Bloomberg’s experts got it right. Today’s the day I buy that lottery ticket!
