{"id":185167,"date":"2011-09-22T20:15:00","date_gmt":"2011-09-23T01:15:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/09\/22\/its-jobless-thursday-49\/"},"modified":"2011-09-22T20:15:00","modified_gmt":"2011-09-23T01:15:00","slug":"its-jobless-thursday-49","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/09\/22\/its-jobless-thursday-49\/","title":{"rendered":"It&#8217;s Jobless Thursday"},"content":{"rendered":"<p>And while <a href=\"http:\/\/www.bloomberg.com\/news\/2011-09-22\/initial-jobless-claims-in-u-s-fell-9-000-last-week-to-423-000.html\">initial claims fell a bit<\/a>, with the 4-week moving average rising, and continuing and extended claims both falling.<\/p>\n<p>Still it&#8217;s 423,000 which is far short of a recovery.<\/p>\n<p>On the other side, you have the <a href=\"http:\/\/www.bloomberg.com\/news\/2011-09-22\/leading-economic-indicators-in-u-s-rise-0-3-.html\">Leading Economic Indicators beating estimates<\/a>, but a lot of that was driven by an increase in the money supply as investors moved to (safer) cash from other less liquid investments.<\/p>\n<p>Not only do I expect unemployment to remain above 9% for the foreseeable future, I expect it to top 10% again at some point in 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>And while initial claims fell a bit, with the 4-week moving average rising, and continuing and extended claims both falling. Still it&#8217;s 423,000 which is far short of a recovery. On the other side, you have the Leading Economic Indicators beating estimates, but a lot of that was driven by an increase in the money &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,975,1089],"tags":[],"class_list":["post-185167","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185167"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=185167"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185167\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=185167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=185167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=185167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}