Initial Claims: Steady
9:42 AM, Aug 21, 2014 • By GEOFFREY NORMAN
First time claims were expected to be come in at 303,000. The actual number was 298,000. As Shobhana Chandra of Bloomberg reports:
No headlines in that. And probably not much for the bankers out in Jackson Hole, Wyoming to get their hands around. But as all who follow these things know, the employment picture is not pleasing to Janet Yellen’s eye. Too many people doing part time work. Too many not in the work force at all. And growth, from all indications, insufficiently robust.
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