Initial Jobless Claims Remain Low.

Initial Jobless Claims (week ended 5/23/2015)

– New Claims seasonally adjusted 282,000. Previous was 275,000
– New Claims  unadjusted were 251,435  an increase of 7,950 previous
– 4-week Moving Average  271,500. Previous was 266,500.

Jobless Claims remain low but do not represent the overall picture of the Jobs Market.

Pending Home Sales Index (April 2015)

– Pending Home Sales Index  112.4. Previous was 108.7.

This is a leading indicator of Existing Hone Sales.  The data is from The National Association of Realtors.