Just wait till next week, when the evul fedrul guvmint gets laid
at by the heels by the sequesteration!
Jobless claims decreased by 22,000 to 344,000 in the holiday-shortened week that ended Feb. 23, the Labor Department reported today in Washington. The median forecast of 44 economists surveyed by Bloomberg called for 360,000 applications. The number of people collecting unemployment insurance dropped to the lowest level since June 2008.
The less-volatile four-week moving average fell to 355,000 from 361,750.
The number of people continuing to receive jobless benefits dropped by 91,000 to 3.07 million in the week ended Feb. 16, the fewest since the period ended June 21, 2008. The continuing claims figure doesn’t include Americans receiving extended unemployment benefits under federal programs.
In other news, don’t ask Bloomberg’s experts for tips on the ninth at Delaware Park. Really, just don’t.