Remember that headline that showed jobless claims down for the last week -- they are "seasonally adjusted".
Claims fell from 586k the week before to 492k - a real drop.
But - but - but --- the raw numbers (Not Seasonally Adjusted - NSA)are rather different: initial claims are 507k, 629k, 716k, and for this week, 718k….
That's an increase of 211,000 in 4 weeks.
Oh well!
Thursday: Unemployment Claims, Trade Deficit
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The *initial weekly ...
13 hours ago
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