Jobless Claims: The Downtrend Seems to Be Back on Track
April 01, 2010 at 11:33 AM EDT
After a rocky period in February, the downtrend in initial jobless claims seems to be back on track, as today’s update suggests. Are we setting ourselves up for disappointment? Perhaps not, although tomorrow’s monthly report on nonfarm payrolls will shed some light on whether we’re being fooled again. Meantime, the Labor Department reports today that new [...]