Jobless Claims Fell Sharply Last Week
November 21, 2012 at 16:55 PM EST
The ranks of the newly unemployed tumbled last week, as expected. The previous update on weekly filings for jobless benefits reported a dramatic surge, but many analysts–including yours truly–argued that the spike was weather related and so it probably wasn’t a sign that the business cycle was slipping over the edge. Today’s news provides some [...]