U.S: Initial Jobless Claims

The four week moving average for Initial Jobless Claims has risen 14,750 over the month of August from 556,500 for the July 31st week to 571,250 for the most recent period of August 28th. Prior to this month the average had seen a steady decline from the April 3rd high of 658,800 to that low on July 31st. Trends are everything in weekly claims and this increase in claims is not that far from the gains seen in all but the worst months of the financial collapse. In September last year the four