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, ticked up to 259,750 from 258,000 in the prior week.
The number of people continuing to receive jobless benefits rose by 18,000 to 2.04 million in the week ended Oct. 29, while the four-week average dropped by 2,250. The unemployment rate among people eligible for benefits held at 1.5 percent.
Do not expect this trend to continue once voodoo economics again casts its spell.
Image via Job’s Anger.