Weekly Jobless Claims
Mike: Good day to all. Today’s big news comes from the labor department at 8:30 and that is the Jobless Claims number, and here it is: WASHINGTON (MarketWatch) — Signaling persistent labor market weakness, the number of workers filing initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 654,000 last week, the […]
Mike: Today’s big economic number is Jobless Claims, which will be released at 8:30. The consensus is a reduction in claims to 650,000, which is less than last week’s number of 667,000. The experts have been wrong about the upward trend for the past six months,so don’t be surprised if they are again wrong on […]
Mike: I hope you are all having a fine day. Looks like a very busy day ahead for unemployment news. Some companies are releasing earnings numbers, with their associated job cut notices, but today’s most important economic report is the Jobless Claims, which is reported at a record 667,000, followed by the New Home Sales, and Durable Goods Orders numbers. Durable Goods […]