Jobless Claims in U.S. Fall to Lowest Level in Five Years

Posted by Lorraine Woellert

Share on Facebook

Tweet on Twitter

Applications for unemployment insurance payments declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington

“It’s a stronger labor market than anybody thought we’d be seeing this time of year,” said Guy Berger, an economist at RBS Securities Inc. in Stamford, Connecticut.

….read more HERE

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.