America’s bedraggled labor market got a boost today with the latest weekly initial jobless claims unexpectedly plunging 21,000 to 434,000. The four-week moving average also fell. While it’s only one week’s data, the report is a surprisingly good sign for employment.
Continue reading Initial Jobless Claims Tumble to Lowest Level Since July
Initial Jobless Claims Tumble to Lowest Level Since July originally appeared on DailyFinance on Thu, 28 Oct 2010 09:29:00.