Initial Jobless at 2 month High but still Are Low.
Jobless Claims (week ended 9/6/2014)
– Initial Claims (seasonally adjusted) 315,000. Previous was 304,000
– Initial Claims (unadjusted) were 234,403, a decrease of 15,377 from the previous week
– 4-week Moving Average (seasonally adjusted) 304,000. Previous was 302,250.
While Initial Jobless Claims are moving up and at a 2 month high they are still low.