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Initial claims print under 300,000 for 56 straight weeks, the FED is fast running out of...

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The department of labor released the initial unemployment insurance claims number earlier today, the adjusted number came in at 276,000 with the 4 week moving average at 263,250. The unadjusted number was even better at 235,839, the comparable week in 2015 saw 239,748 initial claims. This marks 56 weeks of the initial claims number coming in under 300,000. that is the longest such period since 1973. that's a heck of a winning streak! The adjusted numbers put in eight straight weeks

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