Posted on 08/26/2010 3:38:34 PM PDT by combat_boots
So says the DOL:
In the week ending Aug. 21, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 31,000 from the previous week's revised figure of 504,000. The 4-week moving average was 486,750, an increase of 3,250 from the previous week's revised average of 483,500.
Notice the revision - revised up 4,000. So yeah, it was down, but not as much.
But again, I'm interested in everyone on these programs, and here the trend is decidedly the wrong way:
(Excerpt) Read more at market-ticker.denninger.net ...
Oh great! We are on the road to recovery (so says our leaders)... Market responds with negative numbers...
I LOVE hearing how the state-run media announces this like it’s a GOOD thing!
It’s ONLY a HALF MILLION people out of work this week! Hey! the economy is ROARING back! What a prez we have!
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