Free Markets, Free People

Economic Statistics for 6 Jun 13

Here are today’s statistics on the state of the economy:

The Challenger Job-Cut Report shows that layoff announcements fell about 1,600 to 36,398 in May.

Initial jobless claims fell 11,000 to 346,000 last week. The 4-week average rose 5,250 to 352,500. Continuing claims fell 52,000 to 2.952 million.

The Bloomberg Consumer Comfort Index held at its five and a half year high of -29.7.

Dale Franks
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3 Responses to Economic Statistics for 6 Jun 13

  • It should come as no surprise that once more the majority of new jobs created in the month of May went to the oldest age-group cohort, those 55 and older, which saw an increase of 203,000 jobs in May, more than every other age group bracket. The result: with an all time high 31,488,000 workers aged 55-69, Americans are far more busy working in their older years than retiring

  • Philadelphia School District announces over 3700 layoffs to begin “Recovery Summer”