Kevin Spires, CFA, FRM
Weekly Jobless Claims were a seasonally adjusted 370k flat from a the previous week (revised up from 368k). The 4 week moving average is now 375k.
While the month to month and quarter to quarter data has been choppy, the trend towards fewer job losses continues. I expect job growth to remain in the 150k-250k range given recent Claims data.
While the month to month and quarter to quarter data has been choppy, the trend towards fewer job losses continues. I expect job growth to remain in the 150k-250k range given recent Claims data.
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