Employment Picture: Weak and going nowehere fast
The Department of Labor today annouced that for the week ended April 30, 2011, the advance figure for unemployment claims [seasonally adjusted] was 474,000, a staggering increase of 43,000 from the prior week. The prior week’s number was revised t0 431,000. The announced number caused the 4 week moving average to increase to 431,250. As
