Initial Jobless Claims at 8-year Low.
Initial Jobless Claims (week ended 8/2/2014)
– New Claims (seasonally adjusted) 289,000. Previous was 303,000
– New Claims unadjusted were 247,133 a decrease of 10,492 from the previous week
– 4-week Moving Average 293,500. Previous was 297,500.
New Jobless Claims are at a 8-year low and encouraging.