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)
- Can China’s Stop-and-Go Market Reforms Work Forever? - August 18, 2017
- Is China Hiding an Avalanche of Debt? - August 17, 2017
- How Will the World Handle Such Unprecedented Central Bank Balance Sheets? - August 16, 2017