Aw Crap: Jobless Claims


So much for the games….

In the week ending April 9, the advance figure for seasonally adjusted initial claims was 412,000, an increase of 27,000 from the previous week’s revised figure of 385,000. The 4-week moving average was 395,750, an increase of 5,500 from the previous week’s revised average of 390,250.

That ain’t good.  What’s worse is the unadjusted number:

The advance number of actual initial claims under state programs, unadjusted, totaled 443,503 in the week ending April 9, an increase of 89,686 from the previous week. There were 514,136 initial claims in the comparable week in 2010.

Aw crap.

In the hindsight mirror, here’s the “big table” – this is going to get worse in about two weeks.  A lot worse.

Have a nice couple of weeks – the “aw craps” are going to start piling up again…. right about when I thought they would (nine months from last August is…. about now.)

The Market-Ticker