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Unemployment Claims Drop, Stimulus History

In another piece of good economic news, new unemployment claims, a week-on-week measure, have dropped to the lowest level in four years. The Wall Street Journal reports: Initial unemployment claims dropped by 13,000 to 348,000 in the week ended Feb. 11, the Labor Department said Thursday in its weekly report. The previous week’s figures were revised up, to 361,000 from 358,000.
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Weekly jobless claims drop sharply to lowest level in four years

Business & Finance : Money & Co (2 years ago)

WASHINGTON -- New claims for unemployment benefits fell sharply last week to 350,000, the lowest level in more than four years, the government reported Thursday. Read Post

Core Durable Orders Drop Most Since Polar Vortex, Core CapEx Lowest Since May

Business & Finance : Zero Hedge (20 hours ago)

If yesterday the BEA provided the sugar high for Q3, with a GDP number that will be soon revised lower, then today's economic barage has so far been a disaster, with both Initial Claims, Personal Income and Spending, and now core Du... Read Post

Initial unemployment claims dropped last week to lowest level since 2008

Business & Finance : Money & Co (4 years ago)

Initial claims for unemployment insurance dropped last week to 368,000, the lowest level since May 2008, the Labor Department reported Thursday. The decrease is another sign that the recovery might finally be producing sustained, if... Read Post


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