[ml/nj]

These are NEW jobless claims. Eventually this number will go to zero when no one has a job and there are none to be had. This statistic may mean something when it is increasing, but it seems mostly meaningless to me.

ML/NJ

[j_tull]

These are NEW jobless claims

Goes unmentioned all the time. These things are written to make the casual reader believe only 370,000 people are looking for jobs.