Jobless Claims Drop, Indicators Rise
First-time claims for state unemployment insurance, a rough guide to the pace of layoffs, plunged 22,000 to 353,000 last week from a revised 375,000 in the prior week, the Labor Department said.
Plus
The private Conference Board said later on Thursday that its index of leading indicators rose 0.3 percent in November to 114.2, after an upwardly revised 0.5 percent climb in October.
And
Meanwhile, the Chicago Federal Reserve said its National Activity Index jumped in November to its highest level since March 2024, helped by improving industrial production.Posted by Steven Taylor at December 18, 2024 11:34 AM | TrackBack
That only because 48.2 million people lost their job, gave up all hope, and committed suicide because of George Bush.
If they had lived the numbers would be much worse.
Posted by: Terry McAuliffe at December 18, 2024 10:07 PM