Today's unemployment claims are 497,000, seasonally adjusted. That's only 1000 more than last week but the number is still on the high end. Tomorrow will see the unemployment figures for September.
I won't be blogging tomorrow so my usual live blogging of unemployment data won't happen. Click here to visit the official BLS site, which will release the data at 12.30GMT / 8.30 EDT.
Unemployment in August 2008 was 6.1%. I doubt that the rate dropped last month. My prediction is a figure between 6.4% and 6.8%. Considering the wild ride that the US economy has gone through in the last month, I wouldn't be surprised if the figure ends up high that 6.8%. I also think that it is almost a foregone conclusion that October 2008 figures (this month) will see the rate climb beyond 7.0%.
I won't be blogging tomorrow so my usual live blogging of unemployment data won't happen. Click here to visit the official BLS site, which will release the data at 12.30GMT / 8.30 EDT.
Unemployment in August 2008 was 6.1%. I doubt that the rate dropped last month. My prediction is a figure between 6.4% and 6.8%. Considering the wild ride that the US economy has gone through in the last month, I wouldn't be surprised if the figure ends up high that 6.8%. I also think that it is almost a foregone conclusion that October 2008 figures (this month) will see the rate climb beyond 7.0%.
2 comments:
Unrelated: I've tagged you over at my blog.
OSO! I miss you over at my blog! We didn't chase you away... did we??? I'm still very much interested in what you have to say!
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