Initial Claims Four-Week Average Slides To 2006 Lows

Tyler Durden's picture

After last week's uncomfortable rebound in claims, this week calmed fears. Printing at 289k (down 14k from last week) against expectations of 304k, this dropped the four-week average of jobless claims to the lowest since February 2006. Continuing claims also fel back to near the lowest since May 2006. One thing to bear in mind is that this is practically the peak for historical seasonality as the second half of the year has tended to see claims rise...

Lowest 4-week average initial claims since Feb 2006...


But seasonality may not be a friend anymore...


Charts: Bloomberg

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LawsofPhysics's picture

Everything is "fixed"... now get back to work.

fonzannoon's picture

she/he is going to raise rates, soon. Count on it.

wallstreetaposteriori's picture

sounds to me that we have reached peak productivity levels.  No more people to layoff.... time for stagnate earnings growth.

Headbanger's picture

Again there's nobody left to lay off.

And you're still a Goldman fag fonz!

fonzannoon's picture

hey fuckface i have an idea. since i don't feel like constantly arguing with a retard lets settle this in a simple way. lets  not reply to each other and drag threads out and annoy people who just want to comment and have some fun.

lets go to sept 30th next year. if the fed does not raise rates by then i will never comment on here again. if they do you have to permanently fuck off.

whaddaya say dipshit?

answer me banana head. lets be done with this already. i figure u are doing me a favor either way.

Dr. Engali's picture

Let it go Fonz. I found the best way to deal with retards is to just ignore them. Who gives a shit what they have to say?

IRC162's picture


If every fuckoff was graced with constructive advice, the drain on productivity would be epic......Hey, we just id'd another contributing factor to our current economic bliss; weather and fucktards?  Ho Lee Fook

Not that anyone above is  an actual fucktard.  You three are all great teachers to me and countless others.

But, every now and then, a little kick in the balls is good for the heart, no?


boogerbently's picture

I LOVE statistics !

They have been firing people for six straight years.

It HAD to slow down eventually.

Dr. Engali's picture

What time is zero's press conference today so he can do is touchdown dance?

knukles's picture

Why?  Because it evokes a mental image of a balck tight end jigabooing about in the end zone when he's caught something?

RobD's picture

Should have used "wide receiver" instead of "tight end" in your example there knucks, would have been more accurate if the rumors are true lol.

GetZeeGold's picture



Pretty soon everyone will have a part time job which means no one will qualify for unemployment.

knukles's picture

And have to pay for health insurance including the 40% excess premium tax that kicks in in 2018.  Or has youse foget dat yet?

IANAE's picture

...agree, the case for 'lift off' is building and the signaling (Fed & its friends and MSM) is becoming overt... besides, how can anyone deny the obvious successes the POTUS cheers practically every day.

Bossman1967's picture

Happy days are here again..... Hard to understandyesterday the whole workd was on fire today all is great wtf

freeasabee1's picture

"get back to work"?  I guess that's what standing in the welfare line is call these days.

Dr. Engali's picture

Now that is some funny shit right there, I don't care who you are.

duo's picture

When the number of people with jobs decreases, at some point the number of layoffs should decrease also.

When the last 300,000 employed people in the US get laid off in one week, that will be considered a big number.

knukles's picture

I'm probably one of the last people in the whole People's Republic of Newly Minted Illegal Democratic Pestilence and Voters League that still works.
Lucky me.
The last person in the last batch, getting there when I'm not capable of paying benefits to everybody else anymore so they run out.
Talk about sucking the hairy end of the lollipop

SmallerGovNow2's picture

Thanks for donating your taxes to the other 317 million of us serfs...

Cattender's picture

Thank God! stock Futures are UP! it's a recovery... (sigh)

yogibear's picture

All is well. Wall Street and Cramer says so.

ebworthen's picture

This means that millions upon millions who want to work have rolled off the books and are no longer being counted.

When you start running out of people to throw overboard it is not a sign of "all is well".

knukles's picture

Remember those Ricola Swiss cough drop ads?

   E -Bol-Aaaaaaaaaaa

(and they drop over dead, corpses bursting)

DeadFred's picture

Long biohazard suits. We'll need a bunch of them.

TeamDepends's picture

American exceptionalism on parade!  We print our jobs over here.

Smegley Wanxalot's picture

Official Stats turning positive in an election year as November approaches?

The hell you say.

Space Animatoltipap's picture

The sober monetary adherents to gold conclude the currency situation remains horrific. It remains a piramid ponzi scheme which will blow up. Rising rates may do it. Less demand for $ WW may do it. War may do it. The EU tragedy may do it. Inflation/stagflation may do it. Probably a combination of factors will do it.

yogibear's picture

The government should reduce unemployment insurance to only 6 weeks then their numbers would look real good. The lowest unemployment rates in history.

It's all about cooking the numbers now.

mogul rider's picture

OK silver/gold pumpers light up your engines and tell us how silver will explode as jobless claims plummet

Eyeroller's picture

If everything is fine and dandy, then the Fed should raise rates.

MFL5591's picture

No one I know beleives anything this goverment puts out as statistical data.  

ejmoosa's picture

Your'e gonna have to lose two or three jobs to get counted these days....

starman's picture

Long severance packages. See the more people they layoff the lower the claims will drop. This is what we call Obamatics its close to Mathematics. 

edifice's picture

I'm surprised anyone can still file. With 25-33% actual unemployment, I'd think most have reached their limit for bennies, by now.

Laddie's picture

Net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal.