Phaetrix (@phaetrix): "Jobless claims at 210,000 will sound reassuring. That is only part of the picture. A low-fire labor market can still be a weak labor market when hiring is slowing, unemployment is drifting up, and people out of work are having a harder time getting back in. Principle: Healthy…"

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Jobless claims at 210,000 will sound reassuring.

That is only part of the picture.

A low-fire labor market can still be a weak labor market when hiring is slowing, unemployment is drifting up, and people out of work are having a harder time getting back in.

Principle: Healthy layoffs do not automatically mean healthy labor demand.

finance.yahoo.com

US filings for jobless aid tick up last week to 210,000 but remain at historically healthy levels

The number of Americans applying for jobless aid inched up last week as employers continue to retain workers despite a labor market that has weakened considerably in the past year. U.S. applications for jobless aid for the week ending March 21 rose by 5,000 to 210,000 from the previous week’s 205,0…

Mar 26

2:22 PM

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