#jobless #claims
The number of Americans filing new claims for unemployment benefits fell to a 7-month low last wk, but the pace of decline has slowed and further improvement could be limited by lack of additional additional fiscal stimulus.
Initial claims for state unemployment benefits totaled a seasonally adjusted 709,000 for the wk ended 7 November compared to 757,000 in the prior wk, the Labor Department said Thursday. Economists polled had forecast 735,000 applications in the latest wk.
Have a healthy day, Keep the Faith!
US Jobless Claims Drop to 7-Month Lows added by Paul Ebeling on
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Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.
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