{"id":188563,"date":"2010-09-02T17:59:00","date_gmt":"2010-09-02T22:59:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/09\/02\/economics-update-33\/"},"modified":"2010-09-02T17:59:00","modified_gmt":"2010-09-02T22:59:00","slug":"economics-update-33","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/09\/02\/economics-update-33\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>It&#8217;s jobless Thursday, and initial claims <a href=\"http:\/\/www.bloomberg.com\/news\/2010-09-02\/jobless-claims-fell-to-472-000-last-week-signaling-job-market-still-weak.html\">fell slightly to a still awful 472,000<\/a>,  in the middle of the 450-485k range it has been been in, with one exception, for the past 6 months, while the less volatile 4-week moving average fell to 485,500 last week from 488,000, and continuing claims fell to 4.46 million, and the people on emergency UI fell as well.<\/p>\n<p>It&#8217;s a lot of press about improvement, but this is not even treading water, this is a number in which payrolls continue to fall.<\/p>\n<p>Pending home sales <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE67N3B320100902\">rose slightly in July<\/a>, and beat estimates, but the market is still pretty much dead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s jobless Thursday, and initial claims fell slightly to a still awful 472,000, in the middle of the 450-485k range it has been been in, with one exception, for the past 6 months, while the less volatile 4-week moving average fell to 485,500 last week from 488,000, and continuing claims fell to 4.46 million, and &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-188563","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\/188563"}],"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=188563"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}