Daily Archives: May 13, 2010

STILL NO SIGN OF DOWNWARD MOMENTUM IN JOBLESS CLAIMS

Jobless claims dipped last week by a meager 4,000 to a seasonally adjusted 444,000, the Labor Department reported this morning. But even that spare decline is less than it seems. The previous week’s claims were revised up by 4,000, making the last two weeks more or less a wash, depending on whether you’re feeling statistically generous or not.

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