01 November 2012
It's Jobless Thursday!!!
Initial jobless claims fell by 9K, and the 4-week moving average fell slightly too, though continuing claims and extended claims rose. (Half good, half "meh")
Just be glad that we are not in the Euro zone, where the Euro zone unemployment rate hit a record high.
In other news, consumer confidence hit a 5 year high, and the Institute for Supply Management's manufacturing index rose to a 5 month high.
Of course, the big news will the the NFP numbers that drop at 8:30am EDT tomorrow.
Just be glad that we are not in the Euro zone, where the Euro zone unemployment rate hit a record high.
In other news, consumer confidence hit a 5 year high, and the Institute for Supply Management's manufacturing index rose to a 5 month high.
Of course, the big news will the the NFP numbers that drop at 8:30am EDT tomorrow.
Labels:
Economy
,
employment
,
Recession
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