Jobless Claims Dip Below 400,000 Again
Jobless claims dipped to 383,000 last week, a decrease of 36,000 from the previous week’s revised figure of 419,000, the Labor Department announced today. That is, says CNNMoney, a two and a half year low.
The four-week moving average, a less volatile measure of unemployment, dropped to 415,500.
Expect next week’s numbers to jump back up: economists aren’t yet sure the data coming from the Labor Department is “clean,” or free of weather-related distortions.
Meanwhile, for the week ended Jan.
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