Value Investor Research
ECM: US: Jobless claims drop points to spending gains
value_investor
Publish date: Fri, 17 Feb 2012, 11:37 AM
Americans filed the fewest claims for jobless benefits since 2008, surprising forecasters and signaling that an improving labor market will give the world's largest economy a boost. Claims dropped by 13,000 in the week ended Feb. 11 to 348,000, less than the most optimistic estimate of 45 economists surveyed by Bloomberg News. (Bloomberg)
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