Thursday, February 25, 2010

Jobless Claims in U.S. Increased 22,000 Last Week to 496,000

The number of Americans filing first-time claims for unemployment insurance unexpectedly increased last week, a sign that the economic recovery will be uneven as the labor market struggles to rebound.

Ignore the noise and focus on the underlying trend and cycles.

Average Weekly Initial Claims State Unemployment (AWIC) And YOY Change:


Source: bloomberg.com

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