{"id":188679,"date":"2010-08-13T08:10:00","date_gmt":"2010-08-13T13:10:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/08\/13\/economics-update-a-day-late\/"},"modified":"2010-08-13T08:10:00","modified_gmt":"2010-08-13T13:10:00","slug":"economics-update-a-day-late","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/08\/13\/economics-update-a-day-late\/","title":{"rendered":"Economics Update (a Day Late)"},"content":{"rendered":"<p>It&#8217;s jobless Thursday, and <a href=\"http:\/\/money.cnn.com\/2010\/08\/12\/news\/economy\/initial_jobless_claims\/\">initial jobless claims rose to the highest level in 6 months<\/a>, 484,000 claims, the highest number since February 20, well over forecasts of 465,000.<\/p>\n<p>Additionally, the 4 week moving average jumped to 473,500 from 459,250 , though continuing claims fell by 18,000 to 4,452,000, though, as always, that reflects discouraged workers, as well as people going past the 26 week window.<\/p>\n<p>In real estate, <a href=\"http:\/\/www.cnbc.com\/\/id\/38671692\">foreclosures rose again<\/a>, and <span>RealtyTrac<\/span> is not anticipating a peak until some time in 2011, and mortgage rates <a href=\"http:\/\/money.cnn.com\/2010\/08\/12\/real_estate\/mortgage_rates\/index.htm\">fell to the4.44%<\/a> (!), the lowest since Freddie Mac started its survey in 1971.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s jobless Thursday, and initial jobless claims rose to the highest level in 6 months, 484,000 claims, the highest number since February 20, well over forecasts of 465,000. Additionally, the 4 week moving average jumped to 473,500 from 459,250 , though continuing claims fell by 18,000 to 4,452,000, though, as always, that reflects discouraged workers, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,975,1004,1088],"tags":[],"class_list":["post-188679","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment","category-finance","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188679"}],"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=188679"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188679\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}