Weekly Jobless Claims: A Sharp Turn for the Worse
Posted on October 18, 2012 at 10:15 AM EDT
If you needed another reason to treat weekly jobless claims data with caution in the short term, today’s update aims to please. The unusually large drop reported previously (for the week through October 6) evaporated in today’s release, and then some. As I noted last week, any big change in the number du jour for [...]