Seeking Alpha

Jobless Claims at 348K

  • Initial Jobless Claims:  +14K to 348K vs. 335K consensus, 334K prior revised (336K prior).
  • Continuing claims +8K to 2.96M.
Comments (11)
  • SoCalNative
    , contributor
    Comments (425) | Send Message
     
    Drum roll please......

     

    (Don't let me down BBRO ;)
    27 Feb, 08:48 AM Reply Like
  • tom_t
    , contributor
    Comments (259) | Send Message
     
    LOL
    27 Feb, 08:50 AM Reply Like
  • bbro
    , contributor
    Comments (9318) | Send Message
     
    No recession on the horizon....I'm sorry...I meant Run For the Hills....
    27 Feb, 09:18 AM Reply Like
  • SoCalNative
    , contributor
    Comments (425) | Send Message
     
    I love Thursday mornings around here because of you BBRO! I look forward to it :P
    27 Feb, 09:33 AM Reply Like
  • bbro
    , contributor
    Comments (9318) | Send Message
     
    Not related to the market or economy...

     

    http://bzfd.it/1pxXYnz
    27 Feb, 09:39 AM Reply Like
  • jakoba
    , contributor
    Comments (345) | Send Message
     
    According to the shadowstats website, if using the pre 1994 way the Bureau of Labor statistics measured unemployment rates, it is now at around 24%, and has gone up the past year. Before 1994 BLS included the long-term discouraged workers.

     

    http://bit.ly/pdMqJb

     

    On another note, if inflation is measured in a similar way as in 1979, it is now at around 9% in the US:

     

    http://bit.ly/lmDmS2

     

    The only thing that is improving in the US is the stock market, and this benefits only the richest part of society.
    27 Feb, 09:51 AM Reply Like
  • bbro
    , contributor
    Comments (9318) | Send Message
     
    I trust Louis C. K. more than Shadowstats....
    27 Feb, 09:52 AM Reply Like
  • jakoba
    , contributor
    Comments (345) | Send Message
     
    I have not yet seen a well-reasoned critique of ShadowStats.
    27 Feb, 10:24 AM Reply Like
  • jakoba
    , contributor
    Comments (345) | Send Message
     
    http://cnb.cx/1ftSu4l
    27 Feb, 10:26 AM Reply Like
  • KJP712
    , contributor
    Comments (437) | Send Message
     
    The weather ?
    27 Feb, 11:36 AM Reply Like
  • WMARKW
    , contributor
    Comments (10244) | Send Message
     
    Oh Dang, last week I forecasted 330k for this week.

     

    OK, I am learning. Next week, I'll forecast initial claims at 345,000 (blame it on the weather).
    27 Feb, 04:48 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|