Nothing To Do, Nowhere To Go 0
A little better. Reuters:
It was the first drop in new claims since the week that ended August 4 and the lowest level since then as well.
(snip)
However, the four-week moving average for new claims, a better measure of labor market trends, edged up to 371,250.
Aside, He Grumped:
I also looked at the Bloomberg story and could not understand what they were trying to say. The item started with (emphasis added):
The fewest what in a month since when?
Bloomberg could help the situation by dropping a couple of its “experts,” all of whom likely have day jobs, and hiring a copy editor or two.