Nothing To Do, Nowhere To Go 0
570,000 is a decrease from last week.
The number of U.S. workers filing new claims for jobless benefits fell last week to 570,000, and those collecting long-term unemployment benefits dropped to the lowest level since April, government data showed on Thursday.
Continued claims fell to 6.133 million in the week ended August 15 from 6.252 million the prior week. That was the lowest since the week ending April 4 when they were 6.045 million.
In other news, GDP didn’t fall as much as expected.
It could have been worse has become a bright spot.