Unemployment claims continue to climb

(Aug. 23, 2012) -- "While initial claims have inched higher for two consecutive weeks, the gains have been relatively modest, and, following earlier declines, the four-week moving average in the latest week, which also happened to coincide with the August payroll employment survey week, was still well below the previous survey week readings of 376,000 in July, 387,500 in June, and 375,500 in May," said Janzen.