Tag Archive for Nadir

Initial Jobless Claims- Just a Disturbance In the Force or Change of Trend?

Weekly initial jobless claims actually were down by approximately 16,000. That’s the actual not seasonally fudged number taking into account the fact that these are actual counts that are always revised up when complete data is in. I ignore the seasonally adjusted fictitious number, and have included an adjustment of +7,000 to the number reported in…