David Glasner has been reading a newly acquired copy of Ralph Hawtrey’s Trade Depression and the Way Out, 1933 edition, which inspires some tough questions for the hard money folks.
Daily Archives: February 23, 2012
Jobless Claims Flat Last Week At 4-Year Low
Today’s initial jobless claims report is a yawn with last week’s new filings for unemployment benefits showing no change from the previous week’s total, which was revised upward slightly. But the latest numbers don’t provide any reason to question the persistence in the recent decline for this series. The unchanged 351,000 seasonally adjusted total for new claims last week is still the lowest since early 2008.