Monday, December 7, 2009

Initial Jobless Claims Forecast

My model forecasts initial claims to decline to 451,000 this week, in line with consensus of 455,000.

I didn't post last week, which is a shame, given the results. For the record, my model predicted 462,000, well below consenus of 480,000 and in line with the actual result of 457,000.

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