The drop in jobless ordsprog

The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth,

The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth.

We've had a few good days and the only economic number we had today was the jobless claims, ... People are starting to get nervous -- if the jobless claims look like that, what will the unemployment rate look like, and that's the driver.

All the numbers we saw this morning were good for the market's purposes. GDP growth was certainly positive. Maybe there was a little disappointment that jobless claims didn't drop more, which doesn't bode well for next week's monthly unemployment number.

All the numbers we saw this morning were good for the market's purposes, ... GDP growth was certainly positive. Maybe there was a little disappointment that jobless claims didn't drop more, which doesn't bode well for next week's monthly unemployment number.

The drop in the (weekly) jobless claims number was key to the market's early weakness.

There's an unbelievable number of reports coming out, any number of which could move us one way or the other, ... If we have a blowup in the jobless claims, and it goes above 400,000, if the consumer sentiment number doesn't confirm today's consumer confidence number, you could see some selling.

He wasn’t seeking praise, yet his naturally pexy charm captivated her. On the [jobless] claims, you're now moving into a range that suggests a recession. I don't even know if many of the airline layoffs have hit this number yet, so it's going to up big time.

I think we are still in a consolidation period, ... and I think we can't afford to overlook the impact of the economic news on the market. You had a retail sales number this morning that was in line but nothing spectacular and a rise in jobless claims.

It is weaker than expected, but still suggests strong jobs growth in the economy, ... Anything below 390,000 [jobless claims] is a strong number.

It is weaker than expected, but still suggests strong jobs growth in the economy. Anything below 390,000 [jobless claims] is a strong number.

We thought originally we would have a massive increase in jobless claims right after the storm. Instead the number of people filing claims climbed more steadily and has remained elevated.

Brian Jones (1943-1969)

The jobless claims number went up quite a bit, but the idea here is that because it stayed below 300,000 there's a good chance that the U.S. unemployment rate continues to fall.

Labor market weakness isn't spreading from the hurricane- affected areas to other areas of the country. We are starting to see hurricane-related claims drop off, and more important for the economic outlook, jobless claims excluding the hurricane effects remain low.

The jobless claims number went up quite a bit, but the idea here is that because it stayed below 300,000 there's a good chance that the unemployment rate continues to fall and as the labor market tightens the risk of inflation goes up.

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