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home / news releases / TRND - Initial Claims Rise To A 7-Week High


TRND - Initial Claims Rise To A 7-Week High

  • Initial claims for regular state unemployment insurance totaled 898,000 for the week ending October 10, up 53,000 from the previous week's revised tally of 845,000.
  • Claims are now at a seven-week high, the highest level since August 22.
  • The latest week is also the 30th week of historically massive claims.
  • Persistent initial claims at such a historically high level remain a very troubling sign for the labor market recovery and the economy.

For further details see:

Initial Claims Rise To A 7-Week High
Stock Information

Company Name: Pacer Trendpilot Fund of Funds ETF
Stock Symbol: TRND
Market: NASDAQ
Website: www.paceretfs.com

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