Chart of the Week: Uptick in the Jobs Picture
By: VIX and More
Posted on November 15, 2010 at 02:50 AM EST
Lost in all of the attention paid to Ireland, China, Cisco (CSCO) and the week’s other headline grabbers was some signs of progress on the jobs front, specifically in the area of the weekly jobless claims data.
This improvement could be a precursor to some downward movement in the unemployment rate, which may show up as early as in this month’s data.
[source: Bureau of Labor Statistics]
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