Nothing To Do, Nowhere To Go 0
Down a bit.
(snip)
The four-week moving average, a less volatile measure than the weekly figures, climbed to 306,500 last week, the highest since mid July, from 300,000.
The number of people continuing to receive jobless benefits increased by 15,000 to 2.44 million in the week ended Jan. 10. The unemployment rate among people eligible for benefits held at 1.8 percent. These data are reported with a one-week lag.
The number of filings was higher than Bloomberg’s “experts” predicted. Bloomberg implies that this is somehow a commentary on the unemployment figures, when it is actually a commentary on their “experts.”
