Jobless Claims Fall to Lowest Level Since March 2008

Granted, it was a holiday shortened week, so the numbers could ultimately be revised, and skeptics will dismiss the figures as an anomaly due to the July 4th holiday.  That being said, today's jobless claims numbers were very good.  On a seasonally adjusted basis, initial jobless claims fell from 376K down to 350K.  This is the lowest weekly reading since march 2008!  Continue reading.

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