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Thursday, March 22, 2012

Weekly Initial Unemployment Claims Decline

Good news via CR:

Weekly Initial Unemployment Claims decline to 348,000. by Calculated Risk: The DOL reports:

In the week ending March 17, the advance figure for seasonally adjusted initial claims was 348,000, a decrease of 5,000 from the previous week's revised figure of 353,000. The 4-week moving average was 355,000, a decrease of 1,250 from the previous week's revised average of 356,250.
The previous week was revised up to 353,000 from 351,000. ...

The ongoing decline in initial weekly claims is good news. Even in "good times" weekly claims are usually just above 300 thousand, and claims are getting there.

    Posted by on Thursday, March 22, 2012 at 09:24 AM in Economics, Unemployment | Permalink  Comments (2)


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