Not The Whole Story
Not surprisingly, there was plenty of hoopla over today’s larger-than-expected drop in first-time applications for unemployment insurance compensation. “U.S. Jobless Claims Drop Points to Spending Gains” (Bloomberg) Americans filed the fewest claims for jobless benefits since 2008, surprising forecasters and signaling that an improving labor market will give the world’s largest economy a boost. Claims dropped [...]
Not surprisingly, there was plenty of hoopla over today’s larger-than-expected drop in first-time applications for unemployment insurance compensation.
“U.S. Jobless Claims Drop Points to Spending Gains” (Bloomberg)
Americans filed the fewest claims for jobless benefits since 2008, surprising forecasters and signaling that an improving labor market will give the world’s largest economy a boost.
Claims dropped by 13,000 in the week ended Feb. 11 to 348,000, less than the most optimistic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards