Weekly Initial Unemployment Claims decline to 350,000

Oct 24, 2013


 This should be good news for interest rates rates.  Falling rates means the opportunity to refinance missed by many home owners in the spring may be open again.  Approval on HARP 2.0 loans is getting easier as well.

Also of interest is the spike over the last 4 years in the duration of unemployment.  This indicates that the percentage of employable people actually employed remains high.



Job Openings and Labor Turnover Summary

Weekly Initial Unemployment Claims decline to 350,000.

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