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Initial Jobless Claims Remain Low.
Thursday, May 28, 2015 7:12
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Initial Jobless Claims (week ended 5/23/2015)
– New Claims seasonally adjusted 282,000. Previous was 275,000
– New Claims unadjusted were 251,435 an increase of 7,950 previous
– 4-week Moving Average 271,500. Previous was 266,500.
Jobless Claims remain low but do not represent the overall picture of the Jobs Market.
Pending Home Sales Index (April 2015)
– Pending Home Sales Index 112.4. Previous was 108.7.
This is a leading indicator of Existing Hone Sales. The data is from The National Association of Realtors.
Source: http://thebasispoint.com/2015/05/28/initial-jobless-claims-remain-low-5/
