Relevant:
- Jobless Claims Consistent with Recession, Trend to Continue, Economists Say
- Economists Divided on What Jobless Claims Say About the Labor Market
- New Jobless Claims Decline; Outstanding Claims At High
- New jobless claims fall more than expected to 654K
- Continuing Claims vs. Economically Lagging Unemployment
2008-05-22 — typepad.com
"One of the latest wrong ideas floating around is that you cannot possibly have a recession until there are more than 400k new jobless claims per week. I do not believe that relying on New Unemployment Claims presents sufficient information to draw that conclusion."
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