Unemployment Claims Decreasing

The four-week moving average is trending down. Does this mean job growth in December? Probably with all the Christmas temp jobs, but nonetheless, a good direction out of the recession.

"Tomorrow, the payroll numbers for November will come out, and they are expected to show a decline of about 100,000. It could be the last drop in payrolls for this recession, if these jobless claims improvements hold up. And with four straight months of expansion in the manufacturing sector, this is not entirely unexpected."

Source: Calculated Risk