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Jobless Claims Drifting To More Acceptable Levels

247Wallst | Thu, 07/16/2009 - 11:37am | economic indicators, Employment, jobless claims, the receeding recession, unemployment |  Add a comment

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The weekly jobless claims data is out and we have a second week of coming below that 600,000 mark.  The new figure is down 47,000 to a level of 522,000.  The reading of 565,000 originally reported last week was revised higher by 4,000 jobs to 569,000.  Bloomberg had a consensus estimate of 535,00
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