Nothing To Do, Nowhere To Go 0
Still under 300k.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, climbed to 275,500 from 272,250 in the prior week.
The number of people continuing to receive jobless benefits fell by 9,000 to 2.26 million in the week ended Aug. 22.
The number went up more than Bloomberg’s “experts” predicted, so Bloomberg’s headline writer is having the vapors. All this proves is that Bloomberg needs new “experts.”
Remember what an “expert” is: “X” is the mathematical symbol for an unknown quantity. A “spurt” is a drip under pressure. An “expert” is thus an unknown drip under pressure.
