August 23, 2012
There were an estimated 372,000 first-time claims for unemployment insurance last week, up by 4,000 from the week before, the Employment and Training Administration reports.
Another way of measuring, to show the recent trend, also rose: “The 4-week moving average was 368,000, an increase of 3,750 from the previous week’s revised average of 364,250.”
Overall, what we’ve said the past two weeks still applies:
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