{"id":2645,"date":"2010-12-16T06:54:53","date_gmt":"2010-12-16T13:54:53","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=2645"},"modified":"2018-08-17T08:44:02","modified_gmt":"2018-08-17T12:44:02","slug":"jobless-claims-data-improves","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/12\/16\/jobless-claims-data-improves\/","title":{"rendered":"Jobless claims data improves"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Labor Department figures released today show that initial jobless claims in the United States fell by 3,000 to 420,000.\u00a0 Meanwhile, the four-week moving average was a decline in claims of 5,250 to 422,750.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> Some media outlets are pointing to these figures as evidence of a slowly improving labor market.\u00a0 My own opinion is that these data fall well within the bounds of statistical error.\u00a0 In other words, a reduction\u00a0of 5,250 people who were just fired and are filing for unemployment benefits is not much to write home about.\u00a0 For me the essence and import of the data is that jobless claims are not increasing, but are largely treading water.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">The ugly jobs situation in the U.S. has barely improved over the last month despite U.S. businesses having the cash to be able to change that state.\u00a0 So the &#8220;game of chicken&#8221; has barely subsided.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 10; the jobs situation remains the singularly most important economic statistic globally.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labor Department figures released today show that initial jobless claims in the United States fell by 3,000 to 420,000.\u00a0 Meanwhile, the four-week moving average was a decline in claims of 5,250 to 422,750. Analysis: Some media outlets are pointing to these figures as evidence of a slowly improving labor market.\u00a0 My own opinion is that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2645","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=2645"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2645\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=2645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=2645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=2645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}