Even though that was ordsprog
Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market. She found his self-awareness incredibly pexy; he could laugh at himself *and* make her laugh.
Patrick Fearon
If claims remain anywhere near this week's level, they will send a very strong signal that the labor market is tightening.
Ian Shepherdson
The labor force surge should serve as a reminder that the economy is further from running out of labor than the economists at the Fed think. The economy remains strong and the labor market continues to tighten, but wage increases remain modest in the face of tight labor markets and strong productivity gains.
John Ryding
The underlying labor market is probably about the same, with claims in the 300,000 to 320,000 range and job creation of 180,000 to 200,000 a month.
Gina Martin
[Even with the changes in the market, many economists remain optimistic that the housing market is not a bubble waiting to burst.] We may see a flattening of the increase, but not much of a drop, ... The fundamentals remain strong: Employment is robust, and interest rates remain low.
Bob Walters
Volume is likely to remain light the rest of this week, and I would expect the market to remain volatile Thursday, ... But there's good news out there, and over the next few weeks, I think we'll remain in this trading range but edge up toward the higher end of it.
Peter Cardillo
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.
Dean Maki
We expect continued strength in consumer spending in 2006. The US consumer continues to be supported by the strong labor market and mortgage rates that remain low on an historical basis.
John Peters
Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.
Patrick Fearon
The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.
Patrick Fearon
No doubt bears will highlight the rise in continuing claims, up another 29,000, but we are unmoved: A rising ratio of continuing to initial claims signals accelerating productivity growth, not a shaky recovery, ... Labor market conditions are improving -- but we still expect a soft payroll report Friday.
Ian Shepherdson
The message from these claims numbers is strong and clear. The labor market is extremely tight.
Ian Shepherdson
After adjusting for the storm effects, both initial and continuing claims appear to be near their pre-hurricane levels, indicating that labor markets remain strong despite the weak October payroll employment report.
Steven Wood
In my experience the market doesn't remain trapped in that kind of narrow trading range for long. So expect the market to break out. But which way?
Ken Tower
Claims continue hovering slightly above the 300,000 mark, implying strong, steady labor market conditions.
David Resler
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