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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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Jobless Claims Remain at Near Four-Year Lows

 

First-time claims for unemployment benefits continued to hold at near four-year lows in the week ending Feb. 25, the Labor Department announced Thursday.  Initial jobless claims dropped 2,000 to 351,000. The prior week’s figure had been revised to 353,000. The four-week moving average, a less volatile number that flattens out week-to-week fluctuations in the data, was 354,000, a decrease of 5,500 from the previous week, and the lowest level since March 2008. The number of Americans filing for continuing unemployment claims during the week ending Feb. 11 was 3,402,000, a decrease of 2,000 from the preceding week’s revised level of 3,404,000. The four-week moving average was 3,444,000, a decrease of 12,250 from the preceding week. The total number of people claiming benefits in all programs for the week ending Feb. 11 was 7,498,613, an increase of 11,933 from the previous week. States reported 2,904,556 persons claiming emergency unemployment benefits for the week ending Feb. 11, an increase of 1,347 from the prior week. The largest increases in initial jobless claims for the week ending Feb 18 were in Iowa, Missouri, New Mexico, North Carolina, and Washington. The largest decreases were in California, Florida, Illinois, Massachusetts, and Michigan.