Initial Claims: Revisions rear their ugly head again
– by a New Deal Democrat “Initial Claims Revisions” Revisions are a constant danger in reporting economic data. This was very evident in this week’s jobless claims report. Not only…
Initial claims continue to warrant a yellow flag for attention
– by a New Deal Democrat Initial jobless claims last week rose 11,000 to 239,000. The more important 4-week average rose 2,250 to 240,000. Continuing claims, one week late, fell…