Jobless Claims Dip Again. Will Tomorrow’s Labor Market Update Confirm the Trend?
May 06, 2010 at 09:52 AM EDT
Today’s weekly update on jobless claims offers a glimmer of hope that there’s enough growth momentum in the economy to push new filings lower in the weeks ahead. But after reading yesterday’s disappointing ADP employment report, we’re not expected any sudden bursts of good news. Tomorrow’s jobs report from the Labor Department may suggest [...]