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Thursday, July 12, 2012

First Time, the U.S. Unemployment Claims Down


New York - For the first time the data claims for unemployment benefits fell last week by July 7, 2012 to 350,000.
Headline

So quoting the U.S. Labor Department data on Thursday (7/12/2012). These data are in the lowest level in four years.


Jobless claims fell to 350,000 from the previous week reached 376 000. Though economists estimate only 374 000 people. Karja Tenga U.S. Department records reflect penutunan distortion with shutdowns due to seasonal factors.

However, the U.S. stock market on Thursday morning remain weak. Index depressed by Federal Reserve policy at the last meeting. The Dow fell 0.6% to 12 473, the S & P fell 0.7% and the Nasdaq fell 0.5%.

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