Job market looks better this month

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16×9&auto_next=1&auto_start=1&div_id=videoplayer-1369426433&height=480&page_count=5&pf_id=9622&show_title=1&va_id=4071376&width=640&windows=1 service=syndicaster width=640 height=480 div_id=videoplayer-1369426433 type=script]

Unemployment claims fells last week by 23,000.

Initial claims are considered the first key measure of the job market and they’re closely correlated with layoffs recently the numbers have been hovering around 5 year lows, which is a sign of fewer employers cutting their payrolls.

Typically economist prefer to look at a 4 week average and that number also fell last week.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s