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Asset Preservation Advisors




City:Atlanta

State: GA



BIOGRAPHY:
APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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First-Time Claims for Unemployment Benefits Drop to 363,000

Hurricane Sandy had little impact on data, Labor Department states

Initial claims for unemployment benefits in the week ending Oct. 27 dropped 9,000 to a seasonally adjusted 363,000, the Labor Department reported Thursday. The four-week moving average, a less volatile number that flattens out week-to-week fluctuations in the data, was 367,250, a decrease of 1,500 from the previous week’s revised average of 368,750. A department analyst said that there were no signs that Hurricane Sandy had any impact on last week’s data. New Jersey and Washington D.C. did not submit their jobless claims figures , but the department estimated their results. The number of Americans filing for continuing unemployment claims during the week ending Oct. 20 was 3,263,000, an increase of 4,000 from the preceding week. The four-week moving average was 3,266,500, a decrease of 6,250 from the prior week. States reported 2,098,646 2 persons claiming emergency unemployment benefits for the week ending Oct. 13, an increase of 45,689 from the previous week. There were 2,945,642  claimants in the comparable week in 2011. The total number of people claiming benefits in all programs for the week ending Oct. 13 was 5,035,367, an increase of 112,147 from the previous week. There were 6,783,614 persons claiming benefits in all programs in the comparable week in 2011. The largest increases in initial jobless claims for the week ending Oct. 20 were in Georgia, New Jersey, North Carolina, Pennsylvania, and Tennessee. The largest decreases were in California, Florida, Michigan, Ohio, and Texas.