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Loan Modification

: Mortgage Lender Implode-o-Meter

Misleading jobless claims data and recessions

By Implode-Explode Heavy Industries

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"One of the many "green shoots" that has popped up recently for the U.S. economy is the possible peaking of weekly jobless claims, what has been increasingly referred to as a "reliable" indicator for the end of recessions since 1967 when this data was first collected. The chart below, similar to the one published by CR in this item from a couple weeks ago shows the correlation."

Full post as published by Mortgage Lender Implode-o-Meter on May 06, 2009 (boomark / email).

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