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Thursday, October 9, 2014

Reasonably decent Jobless Numbers

Pretty good, with the 4 week moving average hitting an 8½ year low:

Initial jobless claims held steady at 287,000 last week.

Expectations were for claims to rise slightly to 295,000, up from last week's 287,000.

Last week's report was revised up slightly to 288,000.

The 4-week moving average of claims fell to 287,750, down 7,250 from last week, the lowest 4-week moving average since February 4, 2006.

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