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Initial Jobless Claims: 350K vs. 375K consensus (prior week revised to 376K from 374K)....

Initial Jobless Claims: 350K vs. 375K consensus (prior week revised to 376K from 374K). Continuing claims -14K at 3.31M.
Comments (6)
  • WOW Good numbers. There is recovery. Just some more Fed action and the market will skyrocket.
    12 Jul 2012, 08:40 AM Reply Like
  • These numbers are being played by the administration. How many previous jobless claims reports are revised UP after the fact?
    12 Jul 2012, 08:56 AM Reply Like
  • I think all of them for this year.
    12 Jul 2012, 11:30 AM Reply Like
  • Go Longhorns....
    13 Jul 2012, 03:50 AM Reply Like
  • We need bbro to comment on these numbers.

     

    Apparently there were a bunch of factors which caused the skewing and the conclusion is that not much has change.

     

    I note the NSA numbers were up 70,000 w/w to 440k which seems like a nasty number but I don't know how to interpret it.
    12 Jul 2012, 11:58 AM Reply Like
  • The NSA spike is worrisome especially with a holiday midweek. The seasonal adjustment is huge.
    12 Jul 2012, 03:24 PM Reply Like
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