As with every other Thursday, this week brought two new pieces of information to labor market observers – the initial and continuing unemployment claims figures. On a seasonally adjusted basis, initial claims came in at 388 K, an increase of 46K over the prior week, while continuing claims figures came in at 3.252 million, a decrease of 29 K for the week prior. What do the new figures make things look like on a year to date basis? On a year to date basis, initial claims are about 3%, a steady deceleration from the 12% decline seen in 2011. When…
Jobless Claims Point To 80% Chance Of Mitt Romney Victory
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.