This page has been archived and commenting is disabled.

Initial Jobless Claims Average Holds Above 'Dreaded' 300k Level

Tyler Durden's picture
Submitted by Tyler Durden on 03/12/2015 08:41 -0400



 

Despite a 36k drop week-over-week, the less noisy four-week average initial jobless claims remains above 300k for the 2nd week in a row - something we have not seen since in 6 months. At 289k, initial claims beat expectations of 304k but continuing claims printed higher than expected at 2.418 million. Shale state claims remain below the peak levels of January but well above average. The trend remains 'changed' from the QE3 regime.

 

 

 

Charts: Bloomberg

 
»

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 03/12/2015 - 08:42 | 5880965 Bill of Rights
Bill of Rights's picture

Faster Real GDP Growth during Recoveries Tends To Be Associated with Growth of Jobs in "Low-Paying" Industries

 

https://www.stlouisfed.org/publications/regional-economist/january-2015/...

Thu, 03/12/2015 - 09:32 | 5881105 Quinvarius
Quinvarius's picture

Low paying jobs don't matter in this economy.  They are worse than being on welfare for GDP because of Obamacare costs and other things the government used to buy for the people who work them.  People with low paying jobs consume less than people living on handouts. 

Thu, 03/12/2015 - 08:43 | 5880973 Last of the Mid...
Last of the Middle Class's picture

But hey, the stock market is doing fantastic. Don't miss the ride!!!

Thu, 03/12/2015 - 10:20 | 5881323 Mike Honcho
Mike Honcho's picture

OT: coworker had to go to their kids school to apply calamine lotion to POISON IVY because the kid didnt have a doctors note.  May absurdity reign supreme in the land of no tomorrow.

Do NOT follow this link or you will be banned from the site!