U.S. jobless claims decline sharply

11/21/2013 | Reuters

Initial claims for U.S. unemployment benefits fell by a sharp 21,000 last week, while the less volatile four-week moving average declined by 6,750. "There is no evidence of a pickup in layoffs, and the latest report on claims should be seen as a neutral to slightly positive reading on payroll growth," said John Ryding, chief economist at RDQ Economics in New York.

View Full Article in:

Reuters

Published in Briefs: