{"id":188275,"date":"2010-10-28T17:39:00","date_gmt":"2010-10-28T22:39:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/28\/this-is-unambiguously-good-news\/"},"modified":"2010-10-28T17:39:00","modified_gmt":"2010-10-28T22:39:00","slug":"this-is-unambiguously-good-news","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/28\/this-is-unambiguously-good-news\/","title":{"rendered":"This is Unambiguously Good News"},"content":{"rendered":"<p>It&#8217;s &#8220;Jobless Thursday,&#8221; and <a href=\"http:\/\/www.bloomberg.com\/news\/2010-10-28\/unemployment-claims-in-u-s-unexpectedly-decline-to-a-three-month-low.html\">the numbers are good<\/a>, with initial claims falling by 21K to 434,000, the less volatile 4-week moving average fell by 5,500 to 453,250, continuing claims fell by 122K to 4.36million, and emergency claims (those extended past 26 weeks) fell by 414K to 4.36 million.<\/p>\n<p>It&#8217;s still to high for a job recovery, it needs to be somewhere south of 400K for an extended period for jobs to recover, but this is only the 2<sup>nd<\/sup> time in months that it was below 450,000, so perhaps we are beginning to see the beginning of a trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s &#8220;Jobless Thursday,&#8221; and the numbers are good, with initial claims falling by 21K to 434,000, the less volatile 4-week moving average fell by 5,500 to 453,250, continuing claims fell by 122K to 4.36million, and emergency claims (those extended past 26 weeks) fell by 414K to 4.36 million. It&#8217;s still to high for a job &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],"tags":[],"class_list":["post-188275","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188275"}],"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=188275"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188275\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}