INITIAL JOBLESS CLAIMS CRUSH EXPECTATIONS, FALLING TO FIVE-YEAR LOW OF 330K

[Playinghardball]

Initial jobless claims have crushed expectations.

They have fallen to lowest level since January 2008, falling to 330K.

This is well below expectations of 355K.

This is a great sign, and a key thing is that this low number is consistent (multiple weeks) suggesting a real sustained down move in the number of folks who are getting laid off.


Read more: http://www.businessinsider.com/january-24-initial-jobless-claims-2013-1#ixzz2IutGspKR