Jobless Claims Fall to 4-Week Low
June 16, 2011 at 11:47 AM EDT
With each new data point on weekly jobless claims, the theory that the recent jump in filings is temporary grows stronger. Last week’s claims fell 16,000 to a seasonally adjusted 414,000, the lowest in a month and well below the recent peak of 478,000. That’s still too high to inspire much confidence about economic growth [...]
