Seeking Alpha

Jobless Claims down 26K to 323K

  • Initial Jobless Claims:  -26K to 323K vs. 338K consensus, 334K prior revised (349K prior).
  • Continuing claims -8K to 2.91M.
Comments (4)
    , contributor
    Comments (10393) | Send Message
    Oh Dang, last week I forecasted 345k for this week (at least I was close to consensus). Hmm....look at that revision...perhaps next week's revision will be up from the 323k.


    OK, I am (STILL) learning. Next week, I'll forecast initial claims at 330,000 (pick middle of the road).
    6 Mar, 08:42 AM Reply Like
  • mrdirt
    , contributor
    Comments (500) | Send Message
    UE Claims down because of the weather?
    6 Mar, 09:59 AM Reply Like
    , contributor
    Comments (10393) | Send Message
    mrdirt - yes....people can't get to the UE office to fill out the paperwork. :-)
    6 Mar, 06:32 PM Reply Like
  • Papaswamp
    , contributor
    Comments (2198) | Send Message
    Decent report as long as we have now accepted +300,000 new claims is ok. Interesting historically if you are trend fan.


    Notice how the bottoms all look the same....looks like we have already hit this cycles bottom.
    6 Mar, 08:52 AM 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