Thursday, August 3, 2017

Falling Jobless Claims Isn't About Labor Demand, It's About Fewer People Going Bust

These weekly numbers, unless there's something truly extraordinary in them, are of only mild interest. The implication today is only that this isn't a reason for the Fed to stop what it has said it will do, start to reverse QE.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/03/falling-jobless-claims-isnt-about-labor-demand-its-about-fewer-people-going-bust/
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