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Jobless claims dive

01/05/09 12:14

As interest rates for mortgages dive to record lows, the number of jobless claims fall to numbers unseen before.

However, according to government authorities, this is not another turn in the country's worsening economic condition. Rather, this is just one of those seasonal quirks that befell the labor market. How can something like this be seasonal? This article from Reuters tells us how.

Link: Jobless claims dive while mortgage rates ease again | Reuters

 


Tags: mortgage rates • jobless claims •
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