Reduced Weekly New Claims for unemployment are better than an increase of Weekly New Claims for unemployment. The drop of 37,000 to below 400,000 new weekly claims is also explained against the backdroup of weather related claims in the East:
"Some of the improvement was due to technical factors related to the seasonal adjustment of the data, a Labor Department spokesman said. The spokesman also said some states had reported higher applications in previous weeks due to Hurricane Irene."
"As a result, the drop in applications for benefits "may not be as encouraging as it looks," said Paul Dales of Capital Economics. 'Further falls will be needed before we can conclude a downward trend is underway.'"
So in fact a trend was under way, so a newer trend may now be getting underway. The Asian Monsoons of summer have been unusually acidic, for example. Hundreds of Thousands otherwise flee or evacuate.
Japanese production levels are only starting to approach pre-Tsunami levels. All of that economic activity was lost in Q1, Q2, and closing Q3. China may be experiencing some currency valuation problems. What they need is an Obama-Biden Schedule M: Refundable Tax Credit COLA.
But then, don't we all!
"Crow, James Crow: Shaken, Not Stirred!"
(Many CEO's now reluctant to hire. Send Squaws to do business with one-armed bandits on Lands of Many Nations, instead! Laissez-Faire Like That: When Corporate Tax Rate adjustments would be better--to start infrastructure spending that
White Eyes not doing for their elves(?)! Hmmm!)
"Some of the improvement was due to technical factors related to the seasonal adjustment of the data, a Labor Department spokesman said. The spokesman also said some states had reported higher applications in previous weeks due to Hurricane Irene."
"As a result, the drop in applications for benefits "may not be as encouraging as it looks," said Paul Dales of Capital Economics. 'Further falls will be needed before we can conclude a downward trend is underway.'"
So in fact a trend was under way, so a newer trend may now be getting underway. The Asian Monsoons of summer have been unusually acidic, for example. Hundreds of Thousands otherwise flee or evacuate.
Japanese production levels are only starting to approach pre-Tsunami levels. All of that economic activity was lost in Q1, Q2, and closing Q3. China may be experiencing some currency valuation problems. What they need is an Obama-Biden Schedule M: Refundable Tax Credit COLA.
But then, don't we all!
"Crow, James Crow: Shaken, Not Stirred!"
(Many CEO's now reluctant to hire. Send Squaws to do business with one-armed bandits on Lands of Many Nations, instead! Laissez-Faire Like That: When Corporate Tax Rate adjustments would be better--to start infrastructure spending that
White Eyes not doing for their elves(?)! Hmmm!)