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Posted on August 26, 2010 | tags

 
 

Biz: New jobless claims not as awful as last week, still pretty awful

  • -31,000 the decrease in new jobless claims this week, which is minor, but positive, economic news
  • +3,250 the increase in jobless claims over a four-week period, which means we’re at a nine-month high source
  • » Protip on jobless claims numbers: They’re volatile and change from week to week, meaning the number that really matters is the more stable monthly figure.