{"id":188456,"date":"2010-09-23T17:02:00","date_gmt":"2010-09-23T22:02:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/09\/23\/economics-update-30\/"},"modified":"2010-09-23T17:02:00","modified_gmt":"2010-09-23T22:02:00","slug":"economics-update-30","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/09\/23\/economics-update-30\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>It&#8217;s jobless Thursday, and <a href=\"http:\/\/www.bloomberg.com\/news\/2010-09-23\/jobless-claims-in-u-s-increased-12-000-to-465-000-last-week.html\">initial unemployment claims are up again<\/a>, t0 465,000, with the 4-week moving average falling yp 463,250 from 466,500, continuing claims falling by 48,000 to 4.49 million, and emergency claims rising by 208,000 to 5.17 million.<\/p>\n<p>All in all, not a pretty picture, and <a href=\"http:\/\/www.nytimes.com\/2010\/09\/24\/business\/economy\/24econ.html\">neither are home sales<\/a>, notwithstanding the press noting how much better August was than July, because up  7.6% from July means less than down 19% from August 2009.<\/p>\n<p>In the business world, <a href=\"http:\/\/money.cnn.com\/2010\/09\/23\/news\/companies\/blockbuster_bankruptcy\/index.htm\">Blockbuster video filed for bankruptcy<\/a>, which is not a surprise, it&#8217;s been expected for months, but it&#8217;s still the end of an era.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s jobless Thursday, and initial unemployment claims are up again, t0 465,000, with the 4-week moving average falling yp 463,250 from 466,500, continuing claims falling by 48,000 to 4.49 million, and emergency claims rising by 208,000 to 5.17 million. All in all, not a pretty picture, and neither are home sales, notwithstanding the press noting &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,975,1088,1089],"tags":[],"class_list":["post-188456","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment","category-real-estate","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188456"}],"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=188456"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188456\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}