Thursday, March 14, 2013

Here comes something only Austerity could fuck up...

So naturally the bargaining terms in Washington are about "How much Austerity?" there should be.

The latest weekly reading of initial jobless claims is out. Claims unexpectedly fell to 332k from 342k a week ago. Bloomberg's Mike McKee reports that this is the lowest level for claims since 2007.

Economists expected claims to rise slightly to 350k.

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