Having dropped to 297k last week (the first time below 300k since April 2006) as 'full' employment appears to have been reached but the 326k print this week (against expectations of 310k) was the biggest jump week-over-week since December 5th 2013. This level of initial claims is exactly in line with the average for 2014 so far at around 325k. Of course the market is not worried - as opposed to the manic buying panic last week when claims plunged, stocks shrugged off this big rise...
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3 comments:
part time low paying jobs... yet they tout the recovery. WAKE UP
the market is reacting to the feds printing money. it could care less about employment
And a record low number of Canadian citizenship applications speaks for itself.Canada approves damn few anyway,but when US citizens attempt to become Canadian citizens or dual status they stand to lose all of that free stuff that we give them.Why on earth would Canada want a bunch of freeloaders?
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