Thursday, September 16, 2010

Unemployment: Initial claims still moving sideways

For the unemployment and under employment picture to improve this figure must be in the low 300,000's.

In the week ending Sept. 11, the advance figure for seasonally adjusted initial claims was 450,000, a decrease of 3,000 from the previous week's revised figure of 453,000. The 4-week moving average was 464,750, a decrease of 13,500 from the previous week's revised average of 478,250.
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