U.S. Jobless Claims Hover at Pre Rece...

U.S. Jobless Claims Hover at Pre Recession Levels

Posted in the Minneapolis Forum

Since: Apr 12

St. Paul, MN

#1 Apr 17, 2014
(Reuters)- New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.

Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. They stayed close to a 6-1/2 year low touched the prior week.

Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 315,000.

U.S. Treasury yields hit session highs on the data, while stock index futures and the dollar were little changed.
LIbEralS

Saint Paul, MN

#2 Apr 17, 2014
griddy wrote:
(Reuters)- New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.
Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. They stayed close to a 6-1/2 year low touched the prior week.
Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 315,000.
U.S. Treasury yields hit session highs on the data, while stock index futures and the dollar were little changed.
Well, I would expect so. When you hand out free stuff left and right, why work?

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