If Employment Has Bottomed…. – The Market Ticker
In the week ending April 3, the advance figure for seasonally adjusted initial claims was 460,000, an increase of 18,000 from the previous week’s revised figure of 442,000. The 4-week moving average was 450,250, an increase of 2,250 from the previous week’s revised average of 448,000.
That “4” handle doesn’t seem to be able to be hammered downward. But more importantly is the data in the unadjusted numbers – we are seeing twovery disturbing trends here.
read the rest here it’s short and interesting: If Employment Has Bottomed…. – The Market Ticker.