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The Real Trend for New Jobless Claims

wa_ray_ancel Wrote: Nov 07, 2012 8:39 PM
And, yes, the Republican Medicare Prescription is a redistribution of wealth from the young to the old.

What's wrong with using moving averages to assess trends in economic data? After all, it's a practice that is endorsed by the Federal Reserve.

That question arises today because of the WSJ's Josh Mitchell's analysis from last Friday, which suggests that initial jobless claims are trending down:

The number of Americans applying for unemployment insurance has fallen sharply since summer. The four-week moving average...

Related Tags: NeW jobless