U.S weekly jobless claim has risen for the third straight week. These week to week claims can slightly not accurate with what is actually occurring in the economy because of certain timely factors, like easter and weather. Overall the article states that the four-week moving average of claims is considered a better measure of labor market trends as it irons out week-to-week volatility. This number has increased 1,750 last week to 284,500. Claims below 300,000 are associated with a strengthening labor market. An interesting factor is that this does not consider what jobs are actually being occupied. Jobs have different pay and different mobility. This could be fueled by a series of low paying jobs.
http://www.cnbc.com/id/102613381
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