Still No Sign of Downward Momentum in Jobless Claims
May 13, 2010 at 10:40 AM EDT
Jobless claims dipped last week by a meager 4,000 to a seasonally adjusted 444,000, the Labor Department reported this morning. But even that spare decline is less than it seems. The previous week’s claims were revised up by 4,000, making the last two weeks more or less a wash, depending on whether you’re feeling statistically [...]