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Portfolio Manager's commentary on investing and trading in the U.S. financial markets

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Thursday, March 27, 2008

Continuing Jobless Claims Unemployment Rate Graph 


(click on image to enlarge)

BOTTOM LINE: The Continuing Jobless Claims Unemployment Rate, which closely tracks the US Unemployment Rate, remained steady this week at a historically low 2.1%. This is well below the long-term average of 2.9% and substantially lower than the 7.0% rate seen in May 1975. We are almost three years into the housing downturn and unemployment remains at healthy levels by historic standards.

The positions and strategies discussed on Between the Hedges are offered for entertainment purposes and are in no way intended to serve as personal investing advice. Readers should not make any investment decision without first conducting their own thorough due diligence. Readers should assume the editor holds a position in any securities discussed, recommended or panned. While the information provided is obtained from sources believed to be reliable, its accuracy or completeness cannot be guaranteed, nor can this publication be, in any way, considered liable for the future investment performance of any securities or strategies discussed.

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