NEW YORK (TheStreet) -- Stock markets cheered a 225,000 drop in continuing unemployment claims this week. Those cheers are misplaced.When I wrote about
WIUC TrendsThe following graph updates the WIUC history first presented in the January article.
Continuing Unemployment ClaimsThe headline Thursday morning trumpeted the "huge" drop in continuing state unemployment claims. This drop (225,000) is indeed double the three previous weekly declines this year.