Is The Stalled Decline In Jobless Claims Really Over This Time?
March 03, 2011 at 10:08 AM EST
Was that a tipping point for the trend in jobless claims? Today’s update of weekly filings for new unemployment benefits shows a drop to a seasonally adjusted 368,000 for the week through February 26. Initial claims haven’t been this low since May 2008. Today’s number also marks another milestone since the end of the recession: [...]