Where I share my love of God and Paper.
One thing you need to make sure you do when following the weekly jobless claims data is to keep your eye on the four week moving average. This average is generally a more accurate representation of the state of the employment market, since one week blips are quite common. In one week data a one-time event or a holiday can skew the number. One week does not make a trend in this data, so keep that in mind! Having a mentor allows access to information that may not otherwise be available to you. Mentors show you the ropes, they lend you a hand, and they provide insight into a world that continues to change as you navigate through it. Mentors provide quality information because more than likely they have made the same mistakes you are questioning, so you benefit from the secret weapon. Usually, when growth in the gross domestic product improves, job growth improves too. However, the last few recessions have not followed that trend. Furthermore, the recession of 2008-2009 appears that it will be a jobless recovery too. While the GDP has improved, unemployment continues to rise. Consequently, more and more economist believe this recession will be another jobless recovery.
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