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Featured Advisor

Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Initial Claims for Unemployment Benefits Drop 8,000

Decrease attributed to Hurricane Sandy

Initial claims for unemployment benefits in the week ending Nov. 3 dropped 8,000 to a seasonally adjusted 355,000, 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 370,500, an increase of 3,250 from the previous week’s revised average of 367,250. While first-time claims for unemployment benefits fell to their lowest level in a month, the decrease is being attributed primarily to Hurricane Sandy, which closed offices last week and kept people from filing claims. The number of Americans filing for continuing unemployment claims during the week ending Oct. 27 was 3,127,000, a decrease of 135,000 from the preceding week. States reported 2,117,175 2 persons claiming emergency unemployment benefits for the week ending Oct. 20, an increase of 18,529 from the prior week. There were 2,953,824 claimants in the comparable week in 2011. The total number of people claiming benefits in all programs for the week ending Oct. 20 was 5,077,231, an increase of 41,864 from the previous week. There were 6,835,604 persons claiming benefits in all programs in the comparable week in 2011. The largest increases in initial claims for unemployment benefits for the week ending Oct. 27 were in California, Indiana, Minnesota, Oregon, and Wisconsin. The largest decreases were in Florida, Maryland, New Jersey, North Carolina, and Tennessee.