Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
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YouTubeCNBC Television
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Jobless claims totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the consensus estimate for 235,000. Continuing claims, which run a week behind, were little changed, falling 2,000 to 1.926 million. The release comes just a week after the Federal Reserve voted to lower ...
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