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(Reuters)   No need for dual headlines: Jobless claims rise, but jobs market recovery intact   (reuters.com ) divider line
    More: Dumbass, investment strategist, labor market, financial markets, BMO Capital Markets  
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548 clicks; posted to Business » on 15 Jan 2013 at 8:47 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



5 Comments     (+0 »)
 
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2013-01-15 08:53:50 AM  
Initial claims for state jobless aid increased 4,000 to a seasonally adjusted 371,000. The prior week's figure was revised to show 5,000 fewer applications than previously reported.

So that's a net change of -1000 jobless claims. That seems to be a good thing.
 
2013-01-15 09:05:17 AM  

Arkanaut: So that's a net change of -1000 jobless claims. That seems to be a good thing.


And even if it's not, numbers like 4000 and 5000 spread across the entire country are below the noise threshold so there's nothing wrong with the headline.
 
2013-01-15 09:15:42 AM  

you have pee hands: And even if it's not, numbers like 4000 and 5000 spread across the entire country are below the noise threshold so there's nothing wrong with the headline.


Yeah, that works out to about 1.25 people per county if you're spreading it across the whole nation. Definitely noise.
 
2013-01-15 09:20:52 AM  
Rarely do I say this, but it is appropriate...

Done in one!
 
2013-01-15 01:14:57 PM  
It also appears that there's no need to comment in this thread, either.
 
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