Jobless Claims Drop & The June ADP Employment Tally Perks Up
July 05, 2012 at 13:19 PM EDT
There’s still no sign of an imminent recession in the latest numbers for initial jobless claims. New filings for unemployment benefits last week dropped to a two-month low of 374,000 on a seasonally adjusted basis. Meanwhile, the year-over-year change in unadjusted terms posted a roughly 14% decline. There’s a lot of chatter about a slowing [...]