Category Archives: Economic Indicators

February Nonfarm Payrolls (-63,000)

(March 7, 2008) – Today’s jobs report sucks. Nonfarm payroll employment decreased by 63,000 jobs and the unemployment rate remained essentially unchanged at 4.8% in February, according to The Employment Situation: February 2008, released this morning by the Department of … Continue reading

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Initial Unemployment Claims 351K, down 24K

In the week ending March 1, the advance figure for seasonally adjusted initial claims was 351,000 (351K), a decrease of 24K from the previous week’s revised figure of 375K. The 4-week moving average (4WMA) was 359K. This is a welcome … Continue reading

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