Thursday, July 15, 2004

New Jobless Thursday

Another Eschaton tradition, in addition to Joe Hoeffel Day, is New Jobless Thursday. This week we welcome 349,000 new Lucky Duckies. Have you seen my Bush Boom?

In the week ending July 10, the advance figure for seasonally adjusted initial claims was 349,000, an increase of 40,000 from the previous week's revised figure of 309,000. The 4-week moving average was 339,000, an increase of 3,250 from the previous week's revised average of 335,750.