Jobless claims fell for the week through June 1, slipping 11,000 to a seasonally adjusted 346,000. That leaves the number of claims close to middling relative to the range for the last several months. Although the new filings have been moving sideways lately, it’s still encouraging that this series isn’t moving higher in the wake of wobbly data in other economic news.
Daily Archives: June 6, 2013
Asset Allocation & Rebalancing Review | 6 June 2013
In the previous edition of Asset Allocation & Rebalancing Review I noted that the great divergence in returns in 2013 rolled on. But gravity has since reasserted its authority. There’s still a wide range of returns on a year-to-date basis for the major asset classes, but the range has been squeezed recently.
US Nonfarm Private Payrolls: May 2013 Preview
Private nonfarm payrolls are expected to increase by 155,000 in tomorrow’s May update from the Labor Department, based on The Capital Spectator’s average econometric point forecast. The projected gain is moderately lower than the reported increase for April and below a pair of consensus forecasts for May, based on two surveys of economists.