An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, January 8, 2009
Weekly jobless claims fall to 467k
In the week ending January 3 claims for weekly unemployment insurance dropped 24k to 467k. This is the lowest level since October 11 and suggests that tomorrow's nonfarm payroll report will not be as bad as expected.
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