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Thursday, October 3, 2013

It's Jobless Thursday

The numbers look pretty good:

The number of Americans filing new claims for jobless benefits edged higher last week but remained at pre-recession levels, a signal of growing strength in the labor market.

Initial claims for state unemployment benefits rose 1,000 to a seasonally adjusted 308,000, the Labor Department said on Thursday.

The data could provide some of the strongest guidance this week on the health of the U.S. economy as a partial government shutdown delays the release of economic data, including the monthly employment report which was scheduled to be released on Friday.
In related news, we won't get last month's figures on Friday, because there literally three people left working at the Bureau of Labor Statistics.

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