Weekly jobless claims rose to an 8 month high this week. The Labor Department attributed the increase to a number of transitory factors. Even though transitory factors may explain this week’s jump, the trend in the four week moving average is now decidedly up. Are jobless claims signaling that the recovery is stalling?
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Yellen Still Can’t Understand What the BIS has Known for Years About Inflation - September 22, 2017
- Is This the Beginning of the End for Fossil Fuel Energy? - September 22, 2017
- Is Intense Investor Optimism a Sign of the End? - September 20, 2017