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…
Jobless claims: Yellow flag for attention continues
– by a New Deal Democrat In response to last week’s big jump in new jobless claims to 264,000, I wrote that this could be a departure from the start…