Jobless claims 05/01/2008

January 10, 2008 at 11:31 pm | Posted in economy, USA | Leave a comment

Jobless claims fell back in the Jan. 5 week to perhaps hint at new strength in the labor market. Initial claims fell 15,000 to 322,000, pushing down the 4-week average to a still high 341,000. Continuing claims, reported for the Dec. 29 week, also showed improvement, down 51,000 to 2.702 million. The data, however, won’t have much effect on the financial markets given seasonal adjustment problems during the shortened weeks of the holidays. Attitudes on the labor market will continue to reflect last week’s disappointing December jobs report.


Leave a Comment »

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Create a free website or blog at
Entries and comments feeds.

%d bloggers like this: