Thursday, January 22, 2015


Bloomberg | More Americans Than Forecast Filed Jobless Claims Last Week
More Americans than forecast filed applications for unemployment benefitslast week, a sign of lingering holiday turnover.
Market Watch | Jobless claims above 300,000 for third straight week for first time since July
The number of people who sought new U.S. unemployment benefits in mid-January fell by 10,000, but the level of applicants remained above 300,000 for the third straight week for the first time since July in what’s likely a reflection of post-holiday layoffs.

Econ Comments & Analysis                                                                                            
Telegraph | Barack Obama is shattering the competiveness of the US economy
If it wasn’t for the fact the speaker was clean shaven, didn’t have long straggly hair, and didn’t tell any lewd jokes, it could have been Russell Brand delivering the State of the Union address to Congress this week.

Wall Street Journal | World Economy Needs 280 Million Jobs in Next Five Years, ILO Says
The world economy will need to generate nearly 280 million new jobs between now and the end of 2019 to make up ground lost during the last recession and ensure new labor market entrants can find work, the International Labor Organization said in a new report.