zerohedge.com / by Tyler Durden / 04/09/2015 08:39 -0400
After the abysmal March payrolls number, there were expectations in the whisper forecast of today’s initial claims that there would be a sizable jump in initial unemployment claims, one that may break the streak of 4 consecutive prints under 300K. It did not happen, and in fact the number which was released moments ago by the BLS indicated continued strength in the US labor market, where there was 281K initial claims in the past week, just under the 283K expected and higher than the revised 267K from last week. This is the lowest level for this average since June 3, 2000 when it was 281,500. The previous week’s average was revised down by 250 from 285,500 to 285,250.
The DOL added that “there were no special factors impacting this week’s initial claims.”
The post Latest Weekly Initial Claims Of 281K Better Than Expected, Under 300K For Fifth Straight Week appeared first on Silver For The People.
