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February 14, 2013

Initial Jobless Claims Lower.

February 14, 2013

Initial Jobless Claims Lower.

Jobless Claims (week ended 2/9/2013)

– New Claims (seasonally adjusted) 341,000.

– Previous week was 368,000.

– 4-week Moving Average  352,500. Previous was 351,000.

– Unadjusted Claims 359,428. This is 29,014 fewer than the previous week.

This data has been bouncy lately in part because of holidays and in part because of bad weather.  In general the jobs market is better than a year ago but jobs are still not being added fast enough.