Nothing To Do, Nowhere To Go 0
Not good.
(snip)
The four-week moving average, a less volatile measure than the weekly figures, climbed to 351,750 last week from 345,750.
The number of people continuing to receive jobless benefits rose by 24,000 to 2.98 million in the week ended June 29. The continuing claims figure does not include the number of Americans receiving extended benefits under federal programs.
One constant: Bloomberg’s “experts” maintain their track record of being the people to bet against at the track.