THE BASIS POINT

Jobs Market Still Healthy.

 

Jobless Claims (week ended 11/8/2014)

– New Claims (seasonally adjusted)  290,000. Previous was 278,000
– New Claims unadjusted, totaled 306,889 an increase of 39,968 from the previous week
– 4-week Moving Average 285,000. Previous was 279,000.

Initial Claims are still low.

JOLTS (September 2014)

– Job Openings  4,735,000. Previous was 4,853,000.

Despite the month/month downturn this number has been very strong for the past year and indicative of a healthy jobs market.

 

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