|
Jobless claims data indicate severe levels of contraction are extending into March. Initial claims for the March 7 week rose 9,000 to 654,000 from a revised 645,000 in the prior week (639,000 initially reported). The level of claims have been steady for six weeks reflected in the four-week average which is at 650,000. There have been no special factors skewing the last month of data.
http://bloomberg.econoday.com/by ... mberg&year=2009 |
|