Heterodox
“Initial claims continue to rise along with gas prices“ – by New Deal democrat Last week I wrote that initial jobless claims may have ended their recent downtrend. This week appears to have confirmed that. Initial claims rose 9,000 to 228,000, and the 4 week average rose 5,000 to 211,500. Continuing claims, which lag somewhat, increased 3,000 to 1,368,000: With OPEC deliberately cutting back production in order to cause a shortage in...
Read More »Initial claims continue to rise along with gas prices
