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MNI BRIEF: U.S. Weekly Jobless Claims Point To Ample Slack

(MNI) WASHINGTON
WASHINGTON (MNI)

U.S. weekly jobless claims rose to 744,000 in the latest week, an increase that suggests there is still ample slack in the job market despite recent glimmers of improvement.

The figures support Richmond Fed President Thomas Barkin's recent comments to MNI that the economy remains in the grip of strong disinflationary forces.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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