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Bad News For Fed Doves – Initial Jobless Claims Plunge Near 43 Year Lows

Thursday, February 18, 2016 10:32
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zerohedge.com / by Tyler Durden / 02/18/2016 08:39

After a dismal start to the year, pushing initial jobless claims to six-month highs, it appears ‘everything is awesome’ again as despite surging layoffs (Challenger, Grey and headline after headline in the press), initial claims tumbled to 262k this week – just above the 43 year lows of last fall. It’s not all ponnies and unicorns of course ascontinuing claims rise once again to 2.273mm – just shy of the highest levels in 7 months.

Initial claims tumble sback towards 43 years lows…

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The post Bad News For Fed Doves – Initial Jobless Claims Plunge Near 43 Year Lows appeared first on Silver For The People.

Thanks to BrotherJohnF



Source: http://silveristhenew.com/2016/02/18/bad-news-for-fed-doves-initial-jobless-claims-plunge-near-43-year-lows-2/

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