Initial unemployment claims rise further
by henrycopeland
Thursday, August 21st, 2008
Thursday, August 21st, 2008
The four week moving average for initial unemployment claims rose again this week, notching up from 438,500 in the August 9 week to 445,750 last week.
The headlines say this week’s claims fell 13,000 versus to 432,000, but that’s just because last weeks number was revised up to 445,000.
This time a year ago, 326,000 people filed for unemployment.