Thursday, March 17, 2011

Labor market conditions continue to improve


Weekly claims for unemployment continue to decline, and at a fairly impressive pace. It is difficult to imagine that the decline in layoffs will not be followed by a pickup in the pace of new hirings, considering that just about every measure of economic activity reflects decent and continuing growth.

1 comment:

  1. For info purposes...

    California's 52 week moving average for nonseasonally adjusted jobless claims set its lowest level
    since July 2009....

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