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Thursday, February 21, 2013

Something You Rarely See

The initial claims release shows no change in claims over the prior year. None. 362K SA, 346K NSA. The 4-wk moving average is 460K compared to prior's years 368K. Continuing claims are not piling up. Yet.

Any mention of job quality improving or is that a subject
for the Chinese ?
We have to wait for the employment report to know that.

I have a hunch that on the whole job quality is declining, mostly due to Obamacare positioning.
It still looks a heck of a lot better than the European situation.

Also, we gained full-time jobs solidly last year. That was a true improvement.
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