Post-Recession Pattern of Jobless Claims

Weekly jobless claims were released today, showing a decrease of 14,000 from last week, while the four-week moving average moved up by 2,250 to 454,250 claims (see chart above). After a significant decline of almost 200,000 claims from about 650,000 in April 2009 to close to 450,000 weekly claims by early this year, the [...]