The Unemployment
Insurance Weekly Claims Report was released this morning, Thursday, March 21, for the week ending with March 16. The
336,000 new claims number was a 2,000 increase from the previous week's
334,000 (originally report as "332,000"). The four-week moving average, declined by 7,500 to 339,750. This
indicator is approaching 2007 pre-recession levels around 315K.
Our friends at Zero Hedge.com committed on the current labor
benefits report: “Overall a
snoozer of a report.”
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