BELLAIRE CAPITAL MANAGEMENT, LLC
  • Home
  • About Us
    • Company News
    • Our Team
  • Services
    • Financial Planning >
      • Stage 1: Early Adult Planning
      • Stage 2: Planning as An Adult
      • Stage 3: Pre-Retirement Planning
      • Stage 4: Post-Retirement Planning
    • Small Business Planning >
      • Small Business Continuity Planning
    • Investment Strategies >
      • Saving For Retirement
  • Kevin's Corner
    • Investing Wisely Series...
    • Planning Wisely Series
  • Market Viewpoints Blog
    • ReCalc Blog
    • Register for Updates
  • Contact Us
  • Events

Initial Claims drop by 6k to 377k

6/7/2012

 
Kevin Spires, CFA, FRM
Picture
Initial Jobless Claims were 377k last week - a drop of 6k from the initial report of 383k (revised up to 389k).  With the latest week, the four week moving average rose to 377.5k.

Just looking back to the last two years, much less the last recovery in 2002/2003, a small bump in claims is not unusual.  Between seasonal adjustments, the ongoing adjustment in the public sector and the weaker than average College hiring, the numbers are a bit jumpy from week to week.  For a better sense of where claims are, the year over year comparison is better - and the four week moving average is down 10.75% from the same week last year - so the job market is not about to lead us back into recession.


Comments are closed.
    Contact Us

    RSS Feed

    Archives

    March 2017
    May 2016
    December 2015
    March 2014
    February 2014
    December 2012
    October 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012

    Categories

    All
    2012 Election
    2016 Election
    Bank Credit
    Consumer Credit
    Corporate Profits
    Economic Outlook
    Employment
    European Debt Crisis
    Fed Balance Sheet
    Fed Watch
    Housing
    Leaders
    Liquidity
    Manufacturing
    Money Supply
    Stock Market Technicals

Contact Us
​All rights reserved by Bellaire Capital Management, LLC
​​LegalPrivacy PolicyDisclaimer
Live Chat Support ×

Connecting

You: ::content::
::agent_name:: ::content::
::content::
::content::