Initial Jobless Claims Still Way Too High At 460,000 For The Week

Update: Yep, a slight miss, and a further sign that jobs improvement has stalled out.

Markets are still up over 2%.

Original post: Analysts were looking for 455,000 initial claims. This weekly number, which is volatile, has totally stalled out in terms of getting better in recent months, remaining stubbornly at 450K and above. Last week it was over 470K.

This chart gives you a good sense of the stall-out:


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

jobs moneygame-us