{"id":402,"date":"2010-04-23T09:18:00","date_gmt":"2010-04-23T13:18:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=402"},"modified":"2018-08-19T10:19:42","modified_gmt":"2018-08-19T14:19:42","slug":"that-old-blog-standard-initial-jobless-claims","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/04\/23\/that-old-blog-standard-initial-jobless-claims\/","title":{"rendered":"That old blog standard: initial jobless claims"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Yesterday saw the initial jobless claims report from the Department of Labor.\u00a0 Claims fell by 24,000 to 456,000.\u00a0 More importantly, the four-week moving average of claims rose by 2,750 to 460,250.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> While the corporate profit data and the official gross domestic product data may indicate that the recession is over, the hangover continues as evidenced by the &#8220;treading water&#8221; nature of the U.S. employment situation.\u00a0 The fact is that the data continue to indicate an economy that is not creating jobs.\u00a0 That means one of two things:<\/span><\/p>\n<p><span style=\"font-size: 16px;\">1.\u00a0 That businesses are still not confident enough in the overal trajectory of the economy to be adding jobs; or&#8230;<\/span><\/p>\n<p><span style=\"font-size: 16px;\">2.\u00a0 That sales are not robust enough to justify hiring new employees.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 8; next to the overall unemployment rate, to my thinking this remains the most important data in the investing world.\u00a0 However, I have downgraded the number to an 8 from either a 9 or 10.\u00a0 The reason is that the economy is improving and its my feeling that businesses are gaining confidence.\u00a0 That will eventually lead to hiring.\u00a0 So the jobless claims number should abate soon.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday saw the initial jobless claims report from the Department of Labor.\u00a0 Claims fell by 24,000 to 456,000.\u00a0 More importantly, the four-week moving average of claims rose by 2,750 to 460,250. Analysis: While the corporate profit data and the official gross domestic product data may indicate that the recession is over, the hangover continues as [&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-402","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/402","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=402"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/402\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}