U.S. Treasury Budget

Fundamentals 10/13: Jobless Claims Creep Up

Initial Jobless Claims -404,000 for the week ending October 8 -Down 1,000 from previous week’s revised 405,000 (was 401k) -4-week moving average was 408,000, down 7,000 from previous week -Weekly creeping up from 400k-or-lower ‘improving’ line -The jobs market is still not healthy. Employers hire people when the anticipated increase in revenue generated by that

Fundamentals 10/13: Jobless Claims Creep Up

Initial Jobless Claims -404,000 for the week ending October 8 -Down 1,000 from previous week’s revised 405,000 (was 401k) -4-week moving average was 408,000, down 7,000 from previous week -Weekly creeping up from 400k-or-lower ‘improving’ line -The jobs market is still not healthy. Employers hire people when the anticipated increase in revenue generated by that