Jobless claims

    Posted by EdZ on 2nd of Jun 2016 at 03:44 pm

    Jobless claims for the latest week came in slightly better than expected again.  While economists were forecasting a slight increase in claims to 270K from 268K, the actual level declined to 267K.  This is now the 65th straight week that claims have been below 300K.  That’s the longest streak since 1973.

    Maybe the longest streak since

    Posted by wowten on 3rd of Jun 2016 at 12:53 am

    Maybe the longest streak since so many people have just given up looking for a job and are on some kind of govt assistance.  Can't lose your job if you don't have one to lose.

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