This graph provides good news for further reductions in the unemployment rate. New claims for unemployment benefits is correlated with the level of unemployment. The trend in new jobless claims is downward. Hopefully, a lower unemployment rate will follow.
Wednesday, February 15, 2012
Jobless Claims Down, Unemployment Rate Should Fall
This graph provides good news for further reductions in the unemployment rate. New claims for unemployment benefits is correlated with the level of unemployment. The trend in new jobless claims is downward. Hopefully, a lower unemployment rate will follow.
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