THE BASIS POINT

Jobs Market Improves

 

Jobless Claims (week ended 1/19/2013)

– Initial Claims (seasonally adjusted) 330,000.  Previous was 335,000 – 4-week Moving Average 351,750 – Unadjusted Claims were 436,766 – Total number receiving unemployment benefits in the week ending 1/5 was 5,659,760.

Adjusted Initial Claims indicate noticeable improvement in the jobs market.

Leading Economic Indicators (December 2012)

– Month/Month +0.5%.  Previous was -0.2%

 

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