There’s some buzz out there that you shouldn’t trust the weekly initial claims data, because the seasonal adjustments are screwed up by the fact that the economic collapse of Q408/Q109 are distorting the BLS’ adjustment techniques.
As Karl Smith points out, just look at the Non-Seasonally Adjusted data. It’s clear. The numbers keep improving.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.