Heterodox
YoY initial claims restart the yellow caution flag, suggest unemployment will rise towards 4.0% – by New Deal democrat I’ll post on personal income and spending a little later. But first, initial jobless claims declined -4,000 to 228,000 last week. The more important 4 week average increased 250 to 237,500. With a one week delay, continuing claims increased 28,000 to 1.725 million: For forecasting purposes, the YoY% change is more...
Read More »YoY initial claims restart the yellow caution flag, suggest unemployment will rise towards 4.0%
