Weekly Initial Unemployment Claims Down 35,000


Initial claims of unemployment fell 35,000 (9%) last week to 353,000. Prior to the first week in July, this is the lowest number of claims since the last week of May, 2008. Although this change is a good sign and this week’s numbers down significantly, this data has a lot of week-to-week noise.

–From the St. Louis Federal Reserve and the Bureau of Labor Statistics


Tags: ,

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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

%d bloggers like this: