Bear in mind this survey is always more volatile than the ISM, and there may be an outsized July 4 long weekend effect, too. But these are bad numbers. Ian Shepherdson
Motivational, Inspirational, Funny Quotes
![This [report] suggests strongly that the distortions caused by the provisions of the March economic stimulus package are now fading and that the underlying -- downward -- trend in claims is starting to re-emerge, - Ian Shepherdson Quotes](/pic/img/img.php?text=VGhpcyBbcmVwb3J0XSBzdWdnZXN0cyBzdHJvbmdseSB0aGF0IHRoZSBkaXN0b3J0aW9ucyBjYXVzZWQgYnkgdGhlIHByb3Zpc2lvbnMgb2YgdGhlIE1hcmNoIGVjb25vbWljIHN0aW11bHVzIHBhY2thZ2UgYXJlIG5vdyBmYWRpbmcgYW5kIHRoYXQgdGhlIHVuZGVybHlpbmcgLS0gZG93bndhcmQgLS0gdHJlbmQgaW4gY2xhaW1zIGlzIHN0YXJ0aW5nIHRvIHJlLWVtZXJnZSwg&author=ICBJYW4gU2hlcGhlcmRzb24gICAg&num=8 "This [report] suggests strongly that the distortions caused by the provisions of the March economic stimulus package are now fading and that the underlying -- downward -- trend in claims is starting to re-emerge, - Ian Shepherdson Quotes")
![We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out, - Ian Shepherdson Quotes](/pic/img/img.php?text=V2UgZXhwZWN0IGEgZHJvcCB0byAzOTAsMDAwIFtuZXh0IHdlZWtdLCBidXQgYW4gZXZlbiBsb3dlciBudW1iZXIgY2Fubm90IGJlIHJ1bGVkIG91dCwg&author=ICBJYW4gU2hlcGhlcmRzb24gICAg&num=6 "We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out, - Ian Shepherdson Quotes")
![We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out. - Ian Shepherdson Quotes](/pic/img/img.php?text=V2UgZXhwZWN0IGEgZHJvcCB0byAzOTAsMDAwIFtuZXh0IHdlZWtdLCBidXQgYW4gZXZlbiBsb3dlciBudW1iZXIgY2Fubm90IGJlIHJ1bGVkIG91dC4g&author=ICBJYW4gU2hlcGhlcmRzb24gICAg&num=11 "We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out. - Ian Shepherdson Quotes")
![If this trend [in jobless claims] continues, September payrolls will surely fall outright, and the bizarre drop in the unemployment rate in August will reverse. - Ian Shepherdson Quotes](/pic/img/img.php?text=SWYgdGhpcyB0cmVuZCBbaW4gam9ibGVzcyBjbGFpbXNdIGNvbnRpbnVlcywgU2VwdGVtYmVyIHBheXJvbGxzIHdpbGwgc3VyZWx5IGZhbGwgb3V0cmlnaHQsIGFuZCB0aGUgYml6YXJyZSBkcm9wIGluIHRoZSB1bmVtcGxveW1lbnQgcmF0ZSBpbiBBdWd1c3Qgd2lsbCByZXZlcnNlLiA=&author=ICBJYW4gU2hlcGhlcmRzb24gICAg&num=13 "If this trend [in jobless claims] continues, September payrolls will surely fall outright, and the bizarre drop in the unemployment rate in August will reverse. - Ian Shepherdson Quotes")
