Initial Claims Completing Bowl Bottom Reversal


ECONODAY: Initial jobless claims fell back in back in the January 2 week, down 10,000 to 277,000 and cutting in half the prior week's rise of 20,000. Despite the drop, trends are edging higher with the 4-week average, though down 1,250 to 275,750, slightly above the month-ago comparison. Continuing claims are also edging higher, up 25,000 in lagging data for the December 26 week to 2.230 million with the 4-week average at 2.218 million which is nearly 20,000 above the month-ago comparison...


http://www.chartword.com/2015/12/more-evidence-initial-claims-have.html

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